Coast Bank
 December 25, 2004 Residential Loans 
Inside Coast
Personal Banking
Business Banking
Residential Loans
Commercial Loans
Personal Loans
Employment
Investor Relations
Commercial Loans
Mortgages

Fixed Rate Mortgages

Features
  • Good for purchase or refinance, with terms of 10, 15, 20 or 30 years
  • The interest rate and monthly payment stay the same for the life of the loan
  • No penalty for prepaying your loan
  • Use your loan to buy a primary residence, invest in a second home or buy an income property
Why choose a fixed-rate mortgage
  • You want a stable monthly payment
  • You believe interest rates could rise in the next few years
  • You plan to stay in your home for many years

Adjustable Rate Mortgages (ARMs)

Features
  • Good for purchase or refinance, with term of 30 years
  • Initial fixed interest rate for 1 year, 3 years, 5 years and 7 years
  • Protection against unlimited interest rate increases
  • Many of our ARMs are assumable
  • Use your loan to buy a primary residence, invest in a second home or buy an income property
  • Loan proceeds can be used to purchase or refinance
Why choose an ARM
  • You want lower initial monthly payments than a fixed-rate mortgage usually offers
  • Lower initial monthly payments means you can buy more home
  • You plan to own your own home for no more than the initial fixed rate period
  • You think interest rates may be headed down in the next few years
To apply for a mortgage loan with Coast Bank of Florida please contact one of our loan officers at 800-354-6096 or LoanApplication@CoastBankFlorida.com.
Local Decision Making
Quick Turn-around Time
Full Service Bank
Personable, Friendly Loan Officers
 Apply for Loan Today
HomeContact Us • Banking LocationsPrivacy PolicyReport ViolationsCheck21
©2003 Coast Bank of Florida. All rights reserved.
Designed by HMG.
Fdic Insured. An Equal Housing Lender.