First Intercoastal Mortgage
First Intercoastal Mortgage
701 West Market Street, Suite 100
Perkasie, Pennsylvania 18944
(215) 453-1100 (tel)
(267) 354-6962 (fax)
First Intercoastal Mortgage, is an affiliate of National City Mortgage, one of the top ten lenders in the country. We are able to provide the financial strength and stability of a national lender along
with a personalized, local touch and a commitment of excellent service.
* We are a direct mortgage Lender
We are a direct mortgage lender, using automated systems and specializing in custom-fit home loans to quickly respond to your financing needs.
* Why is visiting a direct lender so important?
Unlike other mortgage companies and brokerages, our office handles everything for you. We work with you step-by-step from start to finish.
* We respond quickly
Many mortgage companies outsource some of the critical aspects of the loan process.
We feel it is important to give you better service. If the terms of your sale change - and need special attention - your Loan Officer can react quickly.
Products & Services
* Fixed Rate Mortgages
Fixed Rate mortgages guarantee that the interest rate you start with will remain constant throughout the life of the loan. We offer loan terms from 10 to 30 years to meet your needs. We can even customize your loan with features such as a buydown, which reduces your payment amount for the first few years, or a bi-weekly, which reduces the term and total interest payments over the life of the loan. We have pioneered the "piggy-back" mortgage, where we couple a second trust with our first trust. This eliminates the need for private mortgage insurance which reduces your monthly payment. We offer piggybacks with fixed or adjustable rate mortgages.
* Adjustable Rate Mortgages
Adjustable rate mortgages have an interest rate that may increase or decrease depending on market conditions. The starting rate will generally be lower than a fixed rate mortgage. The change in the rate may occur at various intervals depending on the product you choose. We have interest rates with the first adjustment from one to ten years.
* FHA Loans
FHA loans usually offer liberal qualifying criteria and require smaller down payments. Both fixed and adjustable loans are available. These loans are insured by the Federal Housing Administration and you must meet certain FHA guidelines. These loans are offered directly to the home buyer via companies such as First Intercoastal Mortgage. You could call the FHA loan the original first-time homebuyer program.
* Jumbo Loans
If your hard work has paid off and you're looking to build a distinguished home, we offer a jumbo loan that will make your dream a reality. The more you borrow, the more you may be able to maximize your tax deduction for mortgage interest.
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