CHART A NEW PATH TO WAREHOUSE LENDING.
Our story begins in 2004 when Coastal States Bank first opened its doors in Hilton Head Island, South Carolina as southern Beaufort County’s only locally owned bank. We recently expanded to the Atlanta and Savannah markets and continue to grow, serving communities across the country through GGL, Senior Housing and MBF lines of business.
At Coastal States Bank, we know finding the right mortgage warehouse lender to partner with is a key to your success and we are confident we have the solution you have been looking for. Whether you are looking for increased capacity or establishing your very first warehouse line, we can help! Our mortgage warehouse offering features lower funding fees, competitive cost of funds and the excellent customer service you expect from a Warehouse Lending team. At Coastal States Bank, it’s more than a relationship- it’s a partnership!
Key Features
- No Warehouse Application Fee
- Competitive Funding Fee with no hidden costs
- Negotiable terms
- Net Worth as low as $75,000
- Pledge Account starting at $5,000
- Funding Options, 100% or 99% of the Note Amount
- Non-captive with 25+ approved investors
- Free Note Shipment to Investors
- Same Day Settlements-Subject to Purchase Advise & Matching Investor Wire
- Same Day Funding
- Easy to use-online warehouse system
- Online Reporting, Loan Level Accounting, Aged Inventory, Payoff Histories
Sue Anderson
AVP, Warehouse Relationship Manager
Mortgage Banker Finance Division
Office: (860) 402-8337