Bi-Coastal Mortgage, Inc. is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.  Additionally, Bi-Coastal Mortgage is licensed to originate loans in Maryland, Virginia, Delaware, and the District of Columbia.

 
Adjustable Rate Mortgage (ARM)
Conventional Financing
FHA
Fixed Rate Mortgage
Jumbo Financing
Super Jumbo Financing

Adjustable Rate Mortgage (ARM)

The interst rate adjusts after the pre-specified fixed period lapses.  The new rate is typically determined by the index and the margin.  Most ARMs have caps to determine miniumum or maximum rate adjustments. 


Conventional Financing

Refers to loans that are not insured by FHA (Federal Housing Administration) or VA (Veterans Administration). 


FHA

FHA loans have been helping people become homeowners since 1934. How do they do it? The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so your lender can offer you a better deal.  Bi-Coastal Mortgage, Inc. has a variety of FHA loans avaliable.


Fixed Rate Mortgage

The most classic form of home puchasing in the United States.  A mortgage in which the payment or interest rate does not fluctuate throughout the life of the loan.  Most fixed rate loans have a term of 10, 15, 20, or 30 years.


Jumbo Financing

Refers to loan amounts that are greater than the conventional conforming loan limits and are not insured by FHA (Federal Housing Administration) or VA (Veterans Administration). 


Super Jumbo Financing

If you are considering a Super Jumbo Mortgage, then let one of our licensed mortgage professionals help walk you step by step through the loan process. High end financing requires years of experience which is crucial to finding the best mortgage options to suit your needs.



If you have any questions or simply wish for additional information, please contact us at 410-252-4334 or e-mail: info@bicoastalmortgage.com