Helpful Hints on How to Apply for a Home Equity Line or Second Mortgage

A CoastalStates loan officer will be glad to help you with your application. You will be asked to provide a legal description of the real estate to be pledged, proof of homeowner's insurance and proof of income, which could include a pay stub or income tax return.

We'll need to obtain an appraisal, title search and flood zone verification to complete the underwriting process. Once all necessary documentation is received, a bank representative will contact you to coordinate a closing time and date.

The proceeds of your loan or line will be available to you three days after closing. Home Equity Line customers will receive a welcome kit that includes checks used to access the line.

Making A Loan Payment

Always include your loan number on any correspondence to CoastalStates Bank. This allows us to process your payment more efficiently.

You will receive a "Loan Billing Statement" each month with an attached payment stub. Please return the stub with your payment to CoastalStates Bank to allow for more prompt payment processing. If you do not have a postage paid envelope from CoastalStates Bank, your loan payment should be addressed to:

Loan Operations
CoastalStates Bank
PO Box 4800
Hilton Head Island, SC 29938
843-341-9960

Or if you prefer, your payment can be automatically debited from your CoastalStates checking account.