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The Coastal "Zip-Link"
100%/95% Fixed Rate Program
Designed
for and available ONLY through My
Favorite Realtors!
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See the Approved ZIP
codes below to determine whether the property that you are buying or
selling qualifies for this special program. Remember that
whether you are buying a home in one of these ZIP codes OR selling a home
in one of these ZIP codes, you can use this program to finance your next
home! |
Approved Zip Codes
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Charlotte &
Surrounding Areas |
Raleigh &
Surrounding Areas |
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28202 through 28206 -
Charlotte |
27603 through 27604 -
Raleigh |
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28208 through 28213 -
Charlotte |
27606 through 27607 -
Raleigh |
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28215 through 28217 -
Charlotte |
27609 through 27610 -
Raleigh |
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28134 - Charlotte,
Pineville |
27511, 27529, 27545,
27591, 27597, 27601, 27612, 27616 - Wake County |
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28269 - Charlotte |
27703 through 27705 -
Durham |
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28112, 28103, 28174 -
Union County |
27701, 27707, 27713 -
Durham |
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28025 & 28083 -
Cabarrus County |
27278, 28510, 27514,
27516 - Orange County |
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28052, 28054, 28169 -
Gaston County |
27312 & 27344 -
Chatham County |
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28092 - Lincoln
County |
27525, 27549, 27597 -
Franklin County |
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28144, 28146, 28159 -
Rowan County |
27576 & 27577 -
Franklin County |
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29730, 29733, 29745 -
York County, SC |
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ZIP LINK LOAN OPTION
1
Available on loan
amounts up to $300,700.
There is no income
limitation!
If you are
borrowing 97% or less, you will receive .25 Discount Pt. reduction
on Coastal’s market leading low fixed rate pricing.
If you are borrowing 97% or less, you will contribute 3% of your
own funds.
If you are borrowing 95% or less, you will contribute 5% of your
own funds.
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ZIP LINK LOAN OPTION
2
¨You
can borrow 100% of the Sales Price of the home.
Available on loan amounts up to
$300,700.
There is no income limitation!
¨You
will contribute 3% of own funds towards closing costs and
prepaid taxes and insurance and/or down payment*
*Can be gift or Down Payment Assistance Program (ie. Nehemiah or
AmeriDream)
¨You
receive Coastal’s low conforming Fixed Rate + .25 Discount
Point
AND
There is NO
PMI (Private
Mortgage Insurance) on this loan! The PMI savings on a
typical loan of $150,000 with no down payment is $1560 per
year or $130.00 per month!
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These
are innovative and exciting programs form the Carolinas' largest
independent mortgage bank - Coastal Mortgage! I can only offer
this program to you through one of "My
Favorite Realtors®." Click
the link below to view these agents and also click through to their
websites to contact them!
My Favorite
Realtors®
These real estate professionals are
the pros you need on your team to search out your next home and
negotiate the best deal possible for you. |
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