909 SE Bay Boulevard
PO BOX 2280
Newport, OR 97365

Oregon Coast Bank Named “Best Mortgage Lender” in Readers’ Choice Awards

For Immediate Release

Friday, March 25, 2014

Contact: Fred Postlewait
              Oregon Coast Bank

Newport, OR – The Newport News Times recently announced their list of Readers’ Choice Awards for 2014. In the category of Best Mortgage Lender the readers selected Oregon Coast Bank.

Oregon Coast Bank considers mortgage lending to be vitally important for the local economy. Over the last decade, the bank’s local loans total more than $460 million including home mortgages, refinancing, land loans, condo mortgages, manufactured housing loans, construction loans, second mortgages, VA/FHA/ODVA loans, rental property mortgages, home equity lines of credit, and vacation home mortgages.

“With all the changing regulations and the wide variety of mortgage products available, it really helps to have an experienced local mortgage lender to help you through the process,” explains Eric Greenawald, Oregon Coast Bank’s Vice President and Real Estate Lending Manager.

“Even when a customer has difficulty qualifying for a conventional mortgage, we can offer in-house loans based on individual circumstances, which is something most mortgage lenders do not have available,” comments Rebecca Lytwyn, an Oregon Coast Bank Real Estate Loan Officer.

“Being named Best Mortgage Lender in the Readers’ Choice Awards for 2014 means a great deal to us,” adds Greenawald. “Helping people afford homes in our communities is important and it’s always nice to hear positive feedback from customers.”

Oregon Coast Bank is a locally owned and operated community bank with offices in Newport, Pacific City, Lincoln City, Waldport and Toledo. The bank has over $174 million in assets.