Our Programs

ALL CONVENTIONAL FANNIE MAE - FREDDIE MAC

15, 20, & 30 Year Fixed

The advantage of a fixed year mortgage is your payment will never increase through the life of the loan.

3/1-5/1-7/1 ARMS

15, 20, & 30 Year Fixed

ARMS initially have lower interest rates than traditional fixed rate mortgages, however the interest rate can fluctuate after the initial term period.

HomePossible

15, 20, & 30 Year Fixed

HomePossible

An alternative to a FHA loan, this Freddie Mac program is often a good fit for younger borrowers and low to moderate income first time home buyers.

HomeReady

HomeStyle Renovation

HomePossible

A program that is more flexible when it comes to contributions from other people, HomeReady loans lower the typical down payment and mortgage insurance requirements.

HomeStyle Renovation

A government-backed loan which lets qualified borrowers add extra remodeling money to an initial home purchase mortgage or a mortgage refinancing.

HomeOne

HomeStyle Renovation

Offering a low 3% down payment, this mortgage option is one which is advantageous to many first time home buyers and no cash-out refinance borrowers.

FHA LOANS

All Available FHA Programs

A FHA loan is great for first time home buyers a government guaranteed by the Federal Housing Administration.

3.5% Down Payment

All Available FHA Programs

The low down payment offered by FHA loans makes getting pre-approved easier for many low to moderate income families.

Non-Occupying Co-Borrower

All Available FHA Programs

Non-Occupying Co-Borrower

The FHA loan programs allow someone who wouldn't be living at your residence to cosign on your mortgage.

Streamline Refinancing

Non-Occupying Co-Borrower

A program set up by the FHA to make the refinancing process much more quick by reusing the original loan's paperwork.

Cash Out Refinancing

Streamline Refinancing

Cash Out Refinancing

A loan taken out on already owned property which is above and beyond the cost of transaction, payoff of existing liens and other related expenses.

203K

Streamline Refinancing

Cash Out Refinancing

A loan designed to pay not just the purchase price of a home, but the repair costs as well. This leaves buyers with homes in much better condition than how they found them.

VA LOAN

All Available VA Programs

Established in 1944, VA loans are issued by private lenders and guaranteed by the U.S. Department of Veterans Affairs.

Up To 100% Financing

All Available VA Programs

With VA loans, borrowers qualify for up to 100% financing, meaning no money down upon purchase.

IRRRL Refinance

No Mortgage Insurance

The Interest Rate Reduction Refinance Loan (IRRRL) allows one to refinance their current mortgage to a lower rate and monthly payment.

No Mortgage Insurance

Borrowers are not required to purchase mortgage insurance with a VA loan.

U.S.D.A. LOAN

All Available U.S.D.A. Programs

USDA loans are special mortgages meant for low to moderate income home buyers. Guaranteed by the US Department of Agriculture as a form of insurance so they're able to offer below market interest rates and zero down home loans.

Up To 100% Financing

All Available U.S.D.A. Programs

Up to 100% financing with reduced mortgage insurance payments helps borrowers buy homes they never thought possible.

NON-QUALIFYING MORTGAGE LOANS

COVID-19 UPDATE

Please note that Non-Qualifying Mortgage Loans aren't being accepted by lenders as freely due to the current pandemic. Please reach out and let us know your situation so we can best advise your next course of action.

Self-Employed Borrower Alternative Income Documentation

12 & 24 month Bank Statement Loans
1099 Only
CPA Letter Only
Rental Income Only
1 Month Bank Statement Program

W2 Employee

Bank Statement Program
Assets as Income Program
Verification of Employment Form Only

Bankruptcy, Foreclosure or Shortsale less than 2 years

Jumbo Loans starting at a 580 FICO

A loan is considered Jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac — currently $510,400 for a single-family home in all states.

Our Jumbo programs start at a 580 FICO. We offer a variety of Jumbo Alternatives as well.

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COASTAL FUNDING CHARLESTON

Our Loan Programs

Purchasing or Refinance?

Purchasing?

Refinancing?

Eligible Property Types

The Coastal Funding Difference

These are just a few of the ways how we live our slogan of "More Lenders More Options"

ALL CONVENTIONAL FANNIE MAE - FREDDIE MAC

15, 20, & 30 Year Fixed

15, 20, & 30 Year Fixed

15, 20, & 30 Year Fixed

3/1-5/1-7/1 ARMS

15, 20, & 30 Year Fixed

15, 20, & 30 Year Fixed

HomePossible

15, 20, & 30 Year Fixed

HomePossible

HomeReady

HomeStyle Renovation

HomePossible

HomeStyle Renovation

HomeStyle Renovation

HomeStyle Renovation

HomeOne

HomeStyle Renovation

HomeStyle Renovation

FHA LOANS

All Available FHA Programs

All Available FHA Programs

All Available FHA Programs

3.5% Down Payment

All Available FHA Programs

All Available FHA Programs

Non-Occupying Co-Borrower

All Available FHA Programs

Non-Occupying Co-Borrower

Streamline Refinancing

Streamline Refinancing

Non-Occupying Co-Borrower

Cash Out Refinancing

Streamline Refinancing

Cash Out Refinancing

203K

Streamline Refinancing

Cash Out Refinancing

VA LOAN

All Available VA Programs

All Available VA Programs

All Available VA Programs

Up To 100% Financing

All Available VA Programs

All Available VA Programs

IRRRL Refinance

No Mortgage Insurance

No Mortgage Insurance

No Mortgage Insurance

No Mortgage Insurance

No Mortgage Insurance

U.S.D.A. LOAN

All Available U.S.D.A. Programs

All Available U.S.D.A. Programs

All Available U.S.D.A. Programs

Up To 100% Financing

All Available U.S.D.A. Programs

All Available U.S.D.A. Programs

NON-QUALIFYING MORTGAGE LOANS

COVID-19 UPDATE

Self-Employed Borrower Alternative Income Documentation

W2 Employee

Bankruptcy, Foreclosure or Shortsale less than 2 years

Jumbo Loans starting at a 580 FICO

WHAT WILL YOU NEED? VISIT OUR REQUIRED ITEMS CHECKLIST!

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