Mortgage
Mortgages that work for you!
At Third Coast Bank, we understand that buying a home or refinancing your mortgage is one of life’s biggest financial decisions. Whether you’re a first-time buyer, a seasoned homeowner, or an investor, our experienced mortgage team is here to help you find a loan that works for your unique situation. From affordable housing programs to custom portfolio lending, we have the flexibility and expertise to guide you every step of the way.
Why Choose Third Coast Bank for Your Mortgage?
As a trusted community bank, we pride ourselves on delivering:
- Personalized Service: Clear communication, responsive support, and lending solutions tailored to you.
- Flexible Lending Options: We offer both correspondent and portfolio loans, giving us the ability to approve and service loans that truly meet your needs.
- Long-Term Partnership: As a portfolio lender, our relationship doesn’t end at closing — we’re here for you throughout your homeownership journey.
- Licensed Nationwide: We’re licensed to lend in all 50 states, ensuring we can help no matter where you’re buying or refinancing.
Our Mortgage Products
We offer a full suite of conventional, government-backed, and specialty loan programs, including:
Conventional Loans
Flexible options for qualified buyers looking for competitive rates and terms.
What is a Conventional Loan?
Conventional loans are not insured by a government agency. They are the most common type of mortgage, ideal for borrowers with strong credit and steady income.
Conforming vs. Non-Conforming
Conforming Loans
- Meet guidelines set by the Federal Housing Finance Agency (FHFA)
- Eligible for purchase by Fannie Mae and Freddie Mac
- Typically offer better rates and lower down payment options
Non-Conforming Loans
- Do not meet FHFA guidelines
- Include jumbo loans (loan amounts exceed local conforming limits)
- May offer more flexibility but often come with stricter requirements
Fixed or Adjustable Rates
Fixed-Rate Mortgage
- Rate stays the same for the life of the loan
- Predictable monthly payments
Adjustable-Rate Mortgage (ARM)
- Typically, the initial rate is lower than a fixed rate
- After the fixed rate period, the rate will adjust over time based on market conditions
Occupancy Types Allowed
- Primary Residences
- Second Homes
- Investment Properties
Available through both correspondent and portfolio lending channels for purchase, refinance, cash-out, and construction.
Government-Backed Loans
We offer a full range of government-insured mortgage programs to help more buyers achieve homeownership. Accessible financing options with flexible credit and down payment requirements.
FHA Loans
- Down payments as low as 3.5%
- Flexible credit requirements
- Ideal for first-time buyers or those with limited credit history
VA Loans
- No down payment required
- No private mortgage insurance (PMI)
- Competitive interest rates
- Exclusively for eligible veterans, active-duty military, and surviving spouses
USDA Loans
- 100% financing with no down payment
- For eligible rural and suburban properties
- Income limits apply
Affordable Housing Programs
We participate in affordable housing programs offered by Fannie Mae, Freddie Mac, and others. Depending on income and location, you may qualify for:
- Down payment assistance for Conventional, FHA, and USDA loans
- Grants and credits to lower your upfront costs
- Reduced mortgage insurance requirements
Specialty Portfolio Programs
In addition to traditional options, we offer portfolio lending solutions for:
- First-Time Homebuyers looking for 100% financing options
- Professionals Program (Texas Only): 100% financing for Doctors, Attorneys, and CPAs purchasing a primary home
- Construction Loans: One-time close options for custom builds or major renovations
Non-QM Loan Options
If you don’t qualify through traditional underwriting, we offer Non-QM mortgage products to help. Below are a few of the Non-QM products available:
- Bank Statement Loans
- DSCR Programs (including Foreign Nationals)
- 1099 Only
- P&L Only Loans (1-year and 2-year)
- Asset-Based Income Loans
- Multifamily properties (5+)
These options are ideal for self-employed borrowers, real estate investors, and others with unique income profiles.
Explore your options and connect with our dedicated mortgage professionals by visiting our Mortgage Center for:
Mortgage Program Details
Loan Officers
Team Directory
Mortgage Calculators
Online Application Portal
Let's find the right mortgage for you - together.
Mortgage Center