Types of Loans
 

Coastal Community Mortgage offers a variety of loan programs to meet your needs.

 

Conforming Loans
Conforming long-term, fixed-rate and adjustable loans that meet Fannie Mae and Freddie Mac loan limits and property and borrower guidelines.

Term: 30 years   Maximum Amount: $417,000


100% Financing Loans
Ideal for first-time buyers, these no down-payment mortgages can help reduce or eliminate nearly every cost associated with obtaining a home loan.


No Income Verification Loans
Ideal for self-employed borrowers with good credit, where income is difficult to verify.


Jumbo Loans
Jumbo Loans are our specialty from $417,001 to $5,000,000. Fixed rate, adjustable rate and term, interest only loans.


Condo Loans
Most all existing condo projects in our area are on our approved list. 95% loans as a 2nd home, 90% loans as investment property.


Investment Property Loans
Investment loans up to 4 units and up to 90% loans on one and two units.


Imperfect Credit Loans
Allows borrowers with less-than-perfect credit to qualify for competitive rate loans.


Construction Perm                                                                                      This one time close mortgage loans save you money! Give us a call for more details!


 


Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $150,000 with closing costs of $2,500. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $400,000 with closing costs of $5,000. Your actual APR may be different depending upon these factors.

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 


 
 

Coastal Community Mortgage
12135 Panama City Beach Parkway, Panama CIty Beach, FL  32407
Office:  (850) 234-7006
slindsey@ccmfl.net
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