Mortgage Center

1. Up to 105% loan to value (LTV) financing up to home’s purchase price or appraised value, whichever is less. For loans with an LTV exceeding 100%, borrower must establish direct deposit and have a qualifying Coastal deposit account in addition to the Primary Share account.

APR = Annual Percentage Rate.

† Term loan – For a $75,000 loan amount, a term of 144 months with a 7.50% APR fixed,  the monthly payment will be $793.87. Balloon payment – For a $125,000 loan amount, a term of 60 month balloon and a 15 year amortization with a 7.50% APR fixed,  The monthly payment will be $1,162.41, with a final balloon payment of $97,964.05. Rates are subject to change daily. Lending area located in North Carolina, Virginia, and South Carolina. Coastal membership must be established prior to scheduled closing.