Jay Spurlin
President / CEO / Broker
More Lenders. More Options. Better Mortgages.
Jay Spurlin is the founder, President, CEO, and Broker of Coastal Funding Corporation. With over 26 years in the mortgage industry, Jay built CFC from the ground up into a trusted multi-state brokerage — serving clients in Florida, South Carolina, and Tennessee with a simple promise: more lenders, more options, and no broker fees.
NMLS License
183681
Licensed States
FL, SC & TN
Company NMLS
103035
Role
President / CEO / Broker
Direct Phone
(843) 267-3408
Founded CFC
2004
26+
Years Experience
3
States Licensed
20+
Wholesale Lenders
2004
Founded
About Jay
Jay Spurlin founded Coastal Funding Corporation in 2004 with a clear vision: give borrowers access to more lenders and more loan programs than any single bank could offer. Over two decades later, that philosophy — "More Lenders, More Options, Better Mortgages" — remains the foundation of everything CFC does.
As the company's Broker of Record, Jay oversees all loan origination activity across Florida, South Carolina, and Tennessee. He brings deep expertise in conventional, FHA, VA, USDA, jumbo, Non-QM, and DSCR investment loans — and a reputation for finding solutions in complex scenarios where other lenders say no.
Jay is based out of CFC's home office in Pensacola, FL — just outside NAS Pensacola — and also serves clients through the Charleston, SC and Hendersonville, TN offices. Whether you're a first-time buyer, a veteran, a self-employed borrower, or a real estate investor, Jay's 26+ years of experience and network of 20+ wholesale lenders means you get the right loan at the right rate.
Jay's approach is personal. He believes communication is everything — keeping clients informed at every step, answering questions directly, and never leaving borrowers in the dark. That commitment to transparency and service has made CFC a trusted name across three states for more than two decades.
Loan Programs Jay Originates
VA Loans
$0 down for eligible veterans & active duty — no PMI, competitive rates across FL, SC & TN
Conventional Loans
Fannie Mae & Freddie Mac programs — 3% down, 620+ credit, loan limits up to $832,750
FHA Loans
3.5% down, 580+ credit score — flexible programs for first-time and move-up buyers
USDA Loans
$0 down in eligible rural & suburban areas of FL, SC & TN — low MI, competitive rates
Non-QM Loans
Bank statement & alternative income programs for self-employed borrowers and investors
DSCR Investment Loans
Qualify on rental property cash flow — no W-2 or tax returns required, min 0.75 DSCR
Jumbo Loans
Financing above conforming limits for higher-value properties with competitive jumbo rates
Refinance
Rate-and-term, cash-out, and debt consolidation refinances across all three states
Contact Jay Spurlin
Ready to explore your mortgage options? Jay is standing by.
Contact Jay Directly
Direct Line
(843) 267-3408
Main Office
(833) 457-6500
[email protected]
Home Office
534 S. Navy Blvd, Pensacola, FL 32507
All Office Locations
Ready to Find Your Mortgage Solution?
Apply online in minutes and Jay will personally review your options — no obligation, no broker fees, no runaround.
- Pre-approvals typically within 24 hours
- Access to 20+ wholesale lenders
- No broker fees — in most cases
- Licensed in FL, SC & TN
- 26+ years of mortgage expertise
- Complex scenarios welcome
Frequently Asked Questions
Who is Jay Spurlin?
Jay Spurlin is the founder, President, CEO, and Broker of Coastal Funding Corporation (NMLS 103035). He has over 26 years of mortgage industry experience and is licensed in Florida, South Carolina, and Tennessee. His individual NMLS license number is 183681.
What is Jay Spurlin's NMLS number?
Jay Spurlin's individual NMLS license number is 183681. You can verify his license at NMLS Consumer Access (nmlsconsumeraccess.org/EntityDetails.aspx/INDIVIDUAL/183681).
What states is Jay Spurlin licensed in?
Jay is licensed to originate mortgage loans in Florida, South Carolina, and Tennessee. Coastal Funding Corporation serves clients throughout all three states from offices in Pensacola FL, Charleston SC, and Hendersonville TN.
Does Coastal Funding Corporation charge broker fees?
In most cases, no. Coastal Funding Corporation does not charge points, origination fees, or admin/underwriting fees. Jay and the CFC team are compensated by the lender, not the borrower — so you get more options at competitive pricing.
How long has Jay been in the mortgage industry?
Jay Spurlin has over 26 years of mortgage industry experience. He founded Coastal Funding Corporation in 2004 and has grown it into a trusted multi-state brokerage with offices in FL, SC, and TN.
Can Jay help with complex loan scenarios?
Yes. From self-employed borrowers and real estate investors to veterans and first-time buyers, Jay has the experience and lender relationships to handle complex scenarios — including Non-QM, DSCR, jumbo, and down payment assistance programs.
Coastal Funding Corporation
Meet the rest of our mortgage team