Keith is patient, informative and will always answer an email promptly. We had many snags due to the seller but Keith pulled us through and we closed on our home. When we thought no one could get it done, Keith did it! He is a hard worker and if you need someone reliable and courteous this is the one to pick for sure! Thank you Keith for all of your hard work!Julie C.
Coast 2 Coast Lending in Ocala
Our branch is located in Ocala Florida, but utilizing technology and UPS we can process your home loan no matter where you choose to buy, refinance or do your reverse mortgage. Our bank is licensed in multiple states but our home office is in Sunrise Florida.
Utilizing Encompass, the most advanced mortgage origination software available, we are a Florida mortgage bank able to e-disclose your loan directly and securely to your email for review and acceptance.
If you don’t have the ability to scan or fax we will overnight you a package for your review and include a return envelope so you can provide any documentation we need in order to process your loan.
We use state of the art encryption to protect your personal data from loan application to close. Your privacy and security is our number 1 priority.
Years in Business
Coast 2 Coast Lending Ocala
Our Core Principles
We use the most advanced mortgage planning tools to help you make the best decision for your financial future. Whether your goal is to pay off your home as quick as possible or utilize your equity, we can help.
Our goal is to provide you a full suite of mortgage programs to meet your needs. From $0 down USDA, FHA, VA, and conventional financing. That’s the benefit of working with a mortgage bank.
Our underwriters use a common sense approach to reviewing your file. We realize not everyone has a perfect credit history. We want to do loans, and will look for the positives to outweigh any negatives on your application.
We are in the people business. We realize you aren’t just a number, you are a person and or a family. We are too and we care about your mortgage. We will give you the service that reflects that reality.
Saving You Money
We are a Florida mortgage bank that cares about providing you with the best competitive rate we can. That’s why trim expenses wherever possible, it allows us to pass that savings on to our borrowers.
No Money Down USDA Mortgage!
Buy With No Money Down!
The USDA has a rural development program that allows many in Florida to buy with absolutely no money down. Thousands are taking advantage of this amazing program with scores as low as 620. The terms are very favorable for this program so don’t expect to have to pay an exorbitant rate because its a $0 down loan program.
How Do Get a USDA Loan?
Using a lender like us utilizing the USDA Guaranteed program your household income must be below about $74,500 for a household of 4 or less. If you have 5 or more in your household the limit is about $98,000. There are deductions so either call or click on the link to learn more about USDA financing because if your income is close or above it could still work!
FHA Financing in Florida!
Low Down Payment and No Geographic Limitations!
The FHA program lets you buy with as little as 3.5% down and has no geographic limitations on where you can buy like the zero down USDA program does. With a credit score as low as 600 we can help you finance a home! This program allows non-occupant co-borrowers as well as documented gifts for a down payment.
How Much Can I Qualify For?
Through the FHA program we have more flexibility when it comes to your debt to income ratios. There are certain compensating factors that may allow you to borrow more than you could with conventional financing. It all depends on what the automated underwriting findings indicate. Call us to find out more.
Conventional Financing in Florida!
Buy With a Flexible Down Payment!
With conventional financing in Florida you can buy with as little as 3% down for first time home buyers. For everyone else the minimum is a 5% down payment. If you plan on putting 20% down then you can eliminate any need for private mortgage insurance or PMI. If you plan on buying a second home your minimum down payment would be 10%, and 20% for an investment property.
Your Good Credit Score Deserves Perks!
The beauty of conventional financing is that the higher your credit score, typically the lower your interest rate will be, and not only your interest rate but your private mortgage insurance as well! With FHA the mortgage insurance is always .85%. With conventional financing the more you put down and the higher your credit score the lower your PMI rate will be. Of course with 20% down PMI is eliminated.
VA Financing in Florida!
No Down Payment!
The VA offers a benefit to its veterans that allows them to buy a home with no money down and no monthly mortgage insurance. There is an up front funding fee of 2.15% for first time use and 3.3% for secondary use. We also offer second tier financing which allows the vet the use their VA entitlement simultaneously on a second home when its clear that the new home will be the vets primary residence.
How Do I Use My VA Benefit?
We will guide you though the process but the first thing you need in hand is your DD-214, with that we can order your certificate of eligibility. Using someone experienced with VA financing is key because there are some nuances about this program that need to be handled appropriately in order to make your transaction go smoothly and quickly.