APRIL 15TH, 2024

East Coast Mortgage

East Coast Mortgage was established in 1999 and serves the Carolinas. They strive to make the mortgage process as straightforward as possible for the consumer. The competent staff at East Coast Mortgage will take care of everything once the application and documentation has been provided. East Coast wants to make the process so convenient, their attorneys will even make “house calls” to close the loan wherever the customer is most comfortable. Their free Mortgage Checkup is a prequalification and in no way obligates the customer to apply for a loan. They are confident, though, that their exemplary service and competitive rates will result in the customer using their loan services.

As well as the usual loan services, East Coast provides some useful information relating to home ownership on their website. They want their client to be aware of some of the factors that go into deciding whether or not to buy and what goes into figuring the rate for which the borrower qualifies. East Coast tells the reader that there is a difference between the amount for which the consumer qualifies and the amount he can afford, but they fail to explain what it is. Perhaps they wish us to figure it out for ourselves. Or call for a consultation.

One of East Coast Mortgage’s most popular loan products is the debt consolidation loan. The interest rates on credit cards can be 20-25%. When people carry too much credit card debt they may benefit from rolling it over into their mortgage, where the interest rate is much lower. Their total monthly payments may be lowered and the interest may turn into an additional tax deduction at the end of the year as well.

Loans Offered by East Coast Mortgage:

  • 100% Purchase Loans
  • Bank Rate Loans (for those with excellent credit)
  • Less than Perfect Credit Loans
  • Interest Only Loans
  • No Income Verification Loans
  • Debt Consolidation Loans
  • Home Equity Lines of Credit

East Coast Mortgage allows their clients to apply online. The basic information is sent to their offices and a loan consultant will contact the borrower. If the client has a preference, he may choose the loan representative with whom he wishes to work, but if not East Coast will choose for him. After that the East Coast Mortgage consultant will take over the hard parts and the borrower just needs to wait for the phone call asking “When do you want to close?”

Mortgage Guide is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.