Coastal Financial

J

JeffR

Member
exMember
Joined
Dec 7, 2005
RO Number
19718
Messages
277
Has anybody used Coastal Financial for a boat loan? Our current loan is with Essex and they've been very good, but someone recommended Coastal and I don't know anything about them.
 
Nothing...?

Any other input on lenders you like or dislike other than those I mentioned?
 
Old Polonius counsels, "Neither a borrower nor a lender be."
 
I'm looking to refinance with Essex, why are you looking to leave them?
 
quote:
Originally posted by HOGAN

I'm looking to refinance with Essex, why are you looking to leave them?

Click to expand...


Essex did not have the best rates when I went to re-fi then would not talk about Saint Max due to age. Nothing over 10 years and they preferred nothing over 5. IIRC, they demanded 20% down on my re-fi. Don't know if that was an across the board requirement or not.

I ended up going with USAA for a comparable rate and seeing that Essex never called me back, far better service.
 
Thanks for the feedback.

L. Keith - Thanks and congrats if you don't have a loan, but wasn't really looking for counsel. That's another topic that's been covered at length here already...as I'm sure you know.

Hogan - Not necessarily looking to leave them. Looking at a different boat and just shopping the options. Actually already approved with Essex.
 
The broker we are currently working with has had a relationship with coastal for a long time and has had great success. We are not positive if or how we're going to finance the next boat but we have spoken with Chris and Jason at coastal to get a feel for what they can offer and they were extremely helpful in explaining how things work and the differences between various banks/scenarios.
 
Maxwell - I can't PM, but would like to "speak" with you offline if you're open to it. Can I email you?
 
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