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Coastal Equity Group

Charleston, SC·12 states
Visit website ↗(843) 459-5345
Coastal Equity Group primarily offers residential fix-and-flip loans, bridge loans, ground-up construction loans, and DSCR loans for qualifying borrowers, particularly repeat clients.
Coastal Equity Group describing itself

Loan programs

Ground-Up Construction

$250K
Term
12 mo – 18 mo
Rate
—
Maximum leverage
Max LTV 75%Max LTC 85%Max LTCV 75%

Fix & Flip

$250K
Term
12 mo
Rate
—
Maximum leverage
Max LTV 75%Max LTC 95%Max ARV 75%Max LTP 85%

DSCR / Long-Term Rental

—
Term
—
Rate
—
Maximum leverage
Max LTV 75%Max LTP 80%

Bridge

—
Term
—
Rate
—
Maximum leverage
Max LTV 75%Max LTP 85%

Commercial

—
Term
—
Rate
—

Fix to Rent (BRRRR)

—
Term
—
Rate
—
Maximum leverage
Max LTC 95%Max ARV 75%Max LTP 85%

Land & Lot

—
Term
—
Rate
—

Multifamily

—
Term
—
Rate
—

Transactional Funding

—
Term
—
Rate
—

Terms & qualification

Typical loan size
$250K – $5M
Typical term
12 mo – 30 yr
Interest rate
9.95% – 12%
Origination / points
1.5% to 3.5%
Minimum FICO
680
Lien position
1st
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Always
Closing speed
7 days typical · 4 days fastest
Prepayment structure
—
Cross-collateral
No
Equity / JV capital
No
Income documentation
Credit Report, Bank Statements, Loan Application
Borrower entity
LLC, Limited Partnership, Corporation
Experience required
—

Property types

2–4 Unit ResidentialCondo / Townhome / PUDMultifamily (5+)Single-Family (SFR)

Lending footprint

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Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.