Our Non-Traditional Loans Fit Your Unique Circumstances. When you’re ready to buy but don’t meet documentation requirements for a traditional mortgage, we can help. We offer loan options tailored to the needs of unique buyers.
Community Mortgage
Many homebuyers face obstacles with qualifying during the underwriting process. If your income history fluctuates or you’re unable to provide the lengthy earnings history required, qualifying for a traditional loan becomes a challenge. That’s why we created an alternative to traditional, more rigid loans. Our unique Community Mortgage program makes it possible for you to qualify for the financing you need, even if your income documentation is limited.
Ideal for:
Borrowers who are self-employed, who own small businesses, who have volatile or irregular income, retirees, seasonal and gig workers, real estate investors, owners and employees of cash businesses, newly self-employed, those transitioning from recent health, family or other life events, those looking to tap trapped home equity, recent immigrants, and those with disqualified income.
Investor Program
If you want to invest in a property without using traditional debt-to-income qualifying requirements, our Investor Program offers unique qualifying options as well as rates closer to Prime. As a borrower, you can use your property’s rental income cash flow or choose lower loan-to-value ratios as alternatives to conventional limitations.
Ideal for:
Borrowers who prefer not to use debt-to-income criteria or are unable to qualify using conventional loan requirements.
When Cash isn’t King and Timing isn’t Your Friend, Look to Private Lending
| Does this sound familiar? You want to take advantage of a new business opportunity, but you don’t have the cash on hand to close the deal. With the help of private lending through Coast Capital, you can turn your owned assets into strategic business currency to overcome any cash-flow obstacles or time constraints. We can help bridge the time gap needed to sell assets, raise capital or stabilize projects. Here are just a few of the common deal-breakers that we can help you work through: • The timing to sell your current property isn’t in sync with your closing date • Time is running out, and you need to raise additional capital to meet institutional ratios for your construction project • Your offer, contingent on the sale of a property, is rejected It’s obstacles like these that require creative solutions, and an experienced understanding of how to make the most of the assets you already have at your disposal. At Coast Capital, you’ll find the right balance of both to keep your next opportunity moving forward. |
CASE STUDY 1
Here’s just one example of how we creatively tackle our client’s cash-flow challenges:
Subject Property: Retail Store Front
Additional Asset: Retail Commercial Building
Loan Amount: $675,000
Deal Breaker: Our client had the opportunity to expand their business into an additional revenue stream, but they didn’t have the available cash to fund expansion.
The Coast Capital Solution: We created a new first trust deed on both buildings, using the equity in the additional property to provide the capital needed to acquire equipment as well as finish the improvements on the facility, therefore allowing the client to increase their revenue.
Here’s just one example of how we creatively tackle our client’s cash-flow challenges:
Subject Property: Retail Store Front
Additional Asset: Retail Commercial Building
Loan Amount: $675,000
Deal Breaker: Our client had the opportunity to expand their business into an additional revenue stream, but they didn’t have the available cash to fund expansion.
The Coast Capital Solution: We created a new first trust deed on both buildings, using the equity in the additional property to provide the capital needed to acquire equipment as well as finish the improvements on the facility, therefore allowing the client to increase their revenue.