Intercoastal Mortgage Company Rates, Fees & Info

FAIRFAX, VA

LEI: 549300BM4NS8HDJT3X28

Tax ID: 52-1597440

4.9 stars - out of 5 stars, based on 105 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Intercoastal Mortgage Company is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Intercoastal Mortgage Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Washington, Baltimore, Charlotte, Myrtle Beach, and Wilmington among others. Intercoastal Mortgage Company has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Intercoastal Mortgage Company is typically an average fee lendor.


Originations

11,105

Origination Dollar Volume (All Markets)

$4,928,995,000
Show all (17) awards

Relative Rate

Intercoastal Mortgage Company's average 30 year fixed rate mortgage of loans were 2.94%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.21%.

Relative Fees

Intercoastal Mortgage Company's average total fees for a 30 year fixed rate mortgage are $5,495.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7,289 $3,797,465,000 $520,986 $5,601 2.84%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 284 $114,100,000 $401,761 $5,283 2.94%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 330 $95,340,000 $288,909 $4,094 3.01%
Outside of Metro Areas 235 $70,205,000 $298,745 $4,830 2.98%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 224 $61,810,000 $275,938 $3,566 3.02%
WILMINGTON, NC (FHA|USDA|VA) 137 $49,605,000 $362,080 $4,338 3.03%
MORGANTOWN, WV (FHA|USDA|VA) 204 $46,510,000 $227,990 $3,360 2.93%
RICHMOND, VA (FHA|USDA|VA) 116 $39,300,000 $338,793 $4,554 2.90%
RALEIGH-CARY, NC (FHA|USDA|VA) 142 $36,680,000 $258,310 $4,718 3.11%
JACKSONVILLE, NC (FHA|USDA|VA) 133 $34,915,000 $262,519 $4,730 3.16%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 106 $31,270,000 $295,000 $3,952 2.94%
ROANOKE, VA (FHA|USDA|VA) 116 $31,070,000 $267,845 $4,658 3.01%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 125 $29,355,000 $234,840 $4,000 3.06%
Clarksburg, WV (FHA|USDA|VA) 128 $28,620,000 $223,594 $3,879 3.02%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 74 $27,170,000 $367,162 $6,155 2.90%
SALISBURY, MD-DE (FHA|USDA|VA) 63 $26,315,000 $417,698 $5,851 2.90%
Fairmont, WV (FHA|USDA|VA) 135 $24,325,000 $180,185 $3,587 2.93%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 68 $23,930,000 $351,912 $5,725 2.99%
WINCHESTER, VA-WV (FHA|USDA|VA) 63 $19,145,000 $303,889 $5,655 2.90%
WINSTON-SALEM, NC (FHA|USDA|VA) 72 $18,820,000 $261,389 $4,501 2.98%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 76 $16,920,000 $222,632 $5,277 2.99%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 40 $15,070,000 $376,750 $6,010 3.06%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 51 $14,985,000 $293,824 $3,729 3.01%
COLUMBIA, SC (FHA|USDA|VA) 44 $14,010,000 $318,409 $4,470 2.94%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 45 $12,135,000 $269,667 $6,122 3.03%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 31 $12,035,000 $388,226 $5,628 2.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 27 $10,765,000 $398,704 $6,002 2.90%
FAYETTEVILLE, NC (FHA|USDA|VA) 43 $10,415,000 $242,209 $4,157 3.06%
Kill Devil Hills, NC (FHA|USDA|VA) 22 $10,150,000 $461,364 $5,959 3.07%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 24 $8,290,000 $345,417 $4,942 2.89%
COLUMBUS, OH (FHA|USDA|VA) 29 $7,595,000 $261,897 $5,786 2.82%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 24 $6,950,000 $289,583 $4,490 2.96%
PITTSBURGH, PA (FHA|USDA|VA) 24 $6,870,000 $286,250 $4,550 2.84%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 18 $6,140,000 $341,111 $4,754 2.86%
JACKSONVILLE, FL (FHA|USDA|VA) 17 $6,105,000 $359,118 $5,985 2.90%
SAVANNAH, GA (FHA|USDA|VA) 14 $5,780,000 $412,857 $8,426 3.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 19 $5,735,000 $301,842 $6,139 3.06%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 18 $5,670,000 $315,000 $4,927 3.10%
ASHEVILLE, NC (FHA|USDA|VA) 15 $5,335,000 $355,667 $4,177 2.95%
Morehead City, NC (FHA|USDA|VA) 13 $5,285,000 $406,538 $7,334 2.67%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 14 $5,260,000 $375,714 $5,002 2.84%
Mount Airy, NC (FHA|USDA|VA) 16 $4,780,000 $298,750 $5,017 2.90%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 10 $4,700,000 $470,000 $5,436 3.01%
ROCKY MOUNT, NC (FHA|USDA|VA) 18 $4,590,000 $255,000 $4,829 3.09%
LYNCHBURG, VA (FHA|USDA|VA) 20 $4,370,000 $218,500 $4,130 3.28%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $4,145,000 $460,556 $7,058 2.87%
Lumberton, NC (FHA|USDA|VA) 14 $3,760,000 $268,571 $4,656 3.04%
Sanford, NC (FHA|USDA|VA) 15 $3,615,000 $241,000 $4,352 3.01%
NEW BERN, NC (FHA|USDA|VA) 12 $3,430,000 $285,833 $5,604 2.87%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $3,405,000 $309,545 $4,997 2.93%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 11 $3,265,000 $296,818 $4,971 2.91%
BURLINGTON, NC (FHA|USDA|VA) 13 $3,185,000 $245,000 $4,028 3.29%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 14 $3,120,000 $222,857 $3,587 3.17%
CHARLESTON, WV (FHA|USDA|VA) 13 $3,055,000 $235,000 $3,919 3.00%
Easton, MD (FHA|USDA|VA) 7 $3,025,000 $432,143 $4,355 3.02%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 7 $2,715,000 $387,857 $5,466 3.02%
North Wilkesboro, NC (FHA|USDA|VA) 11 $2,705,000 $245,909 $7,084 3.10%
Shelby, NC (FHA|USDA|VA) 7 $2,655,000 $379,286 $8,677 3.12%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $2,635,000 $527,000 $6,019 2.78%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $2,600,000 $433,333 $5,617 2.81%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 10 $2,360,000 $236,000 $4,475 2.94%
Roanoke Rapids, NC (FHA|USDA|VA) 2 $2,240,000 $1,120,000 $11,512 3.31%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 7 $2,115,000 $302,143 $6,525 2.87%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $1,990,000 $331,667 $3,647 3.02%
GOLDSBORO, NC (FHA|USDA|VA) 9 $1,845,000 $205,000 $5,328 3.04%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,800,000 $300,000 $4,551 3.02%
Boone, NC (FHA|USDA|VA) 7 $1,755,000 $250,714 $3,232 2.70%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,705,000 $341,000 $6,107 3.05%
Albemarle, NC (FHA|USDA|VA) 6 $1,640,000 $273,333 $3,472 2.94%
GREENVILLE, NC (FHA|USDA|VA) 7 $1,555,000 $222,143 $2,919 2.94%
KNOXVILLE, TN (FHA|USDA|VA) 1 $1,535,000 $1,535,000 $38,591 2.88%
BOULDER, CO (FHA|USDA|VA) 3 $1,505,000 $501,667 $4,494 2.88%
Laurinburg, NC (FHA|USDA|VA) 6 $1,460,000 $243,333 $2,004 2.98%
YORK-HANOVER, PA (FHA|USDA|VA) 7 $1,305,000 $186,429 $4,284 3.43%
PANAMA CITY, FL (FHA|USDA|VA) 3 $1,285,000 $428,333 $4,621 2.88%
Henderson, NC (FHA|USDA|VA) 5 $1,225,000 $245,000 $3,586 3.04%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $1,210,000 $605,000 $7,640 3.38%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,145,000 $229,000 $4,544 2.85%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 6 $1,130,000 $188,333 $3,752 3.01%
READING, PA (FHA|USDA|VA) 3 $1,125,000 $375,000 $4,862 2.87%
HARRISONBURG, VA (FHA|USDA|VA) 5 $1,105,000 $221,000 $4,093 2.83%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $980,000 $245,000 $4,635 3.15%
Washington, NC (FHA|USDA|VA) 3 $975,000 $325,000 $3,169 3.42%
Rockingham, NC (FHA|USDA|VA) 5 $965,000 $193,000 $3,371 3.00%
Elizabeth City, NC (FHA|USDA|VA) 3 $955,000 $318,333 $3,743 3.25%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $900,000 $450,000 $4,268 3.13%
GETTYSBURG, PA (FHA|USDA|VA) 4 $890,000 $222,500 $3,874 3.09%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $870,000 $435,000 $4,243 2.63%
WHEELING, WV-OH (FHA|USDA|VA) 4 $860,000 $215,000 $2,944 2.74%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $845,000 $281,667 $6,629 2.75%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $830,000 $415,000 $5,881 2.69%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $805,000 $268,333 $3,967 2.98%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $775,000 $258,333 $8,403 3.00%
CUMBERLAND, MD-WV (FHA|USDA|VA) 3 $755,000 $251,667 $3,397 3.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $740,000 $370,000 $5,353 2.25%
PUEBLO, CO (FHA|USDA|VA) 2 $720,000 $360,000 $3,122 2.88%
Georgetown, SC (FHA|USDA|VA) 2 $690,000 $345,000 $5,869 2.88%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $690,000 $345,000 $5,949 3.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $690,000 $345,000 $3,439 2.69%
CaƱon City, CO (FHA|USDA|VA) 1 $665,000 $665,000 $4,236 3.25%
Sevierville, TN (FHA|USDA|VA) 2 $650,000 $325,000 $5,380 2.87%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $620,000 $310,000 $2,941 2.75%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $610,000 $305,000 $5,450 3.00%
LANCASTER, PA (FHA|USDA|VA) 1 $595,000 $595,000 $7,000 2.88%
Paris, TN (FHA|USDA|VA) 2 $590,000 $295,000 $3,277 3.38%
BRUNSWICK, GA (FHA|USDA|VA) 2 $580,000 $290,000 $6,490 2.81%
Kinston, NC (FHA|USDA|VA) 2 $550,000 $275,000 $0 2.88%
Key West, FL (FHA|USDA|VA) 1 $545,000 $545,000 $5,999 2.75%
Lewisburg, TN (FHA|USDA|VA) 1 $545,000 $545,000 $6,271 2.75%
OCALA, FL (FHA|USDA|VA) 2 $530,000 $265,000 $3,810 2.88%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $530,000 $265,000 $3,868 3.00%
Marietta, OH (FHA|USDA|VA) 3 $515,000 $171,667 $3,728 2.58%
Cullowhee, NC (FHA|USDA|VA) 1 $495,000 $495,000 $9,095 2.88%
STAUNTON, VA (FHA|USDA|VA) 2 $470,000 $235,000 $4,512 2.56%
Statesboro, GA (FHA|USDA|VA) 2 $460,000 $230,000 $7,201 3.18%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 2 $460,000 $230,000 $5,881 3.75%
FLORENCE, SC (FHA|USDA|VA) 2 $450,000 $225,000 $6,558 3.13%
SUMTER, SC (FHA|USDA|VA) 2 $450,000 $225,000 $2,249 2.85%
Gaffney, SC (FHA|USDA|VA) 2 $440,000 $220,000 $3,325 3.19%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $410,000 $205,000 $3,227 3.23%
Marion, NC (FHA|USDA|VA) 2 $400,000 $200,000 $2,670 2.19%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $395,000 $395,000 $6,166 2.50%
Elkins, WV (FHA|USDA|VA) 2 $370,000 $185,000 $2,925 3.06%
Forest City, NC (FHA|USDA|VA) 2 $360,000 $180,000 $2,188 2.94%
AKRON, OH (FHA|USDA|VA) 2 $340,000 $170,000 $3,247 3.06%
HINESVILLE, GA (FHA|USDA|VA) 1 $315,000 $315,000 $0 2.50%
Cambridge, MD (FHA|USDA|VA) 1 $315,000 $315,000 $4,191 2.99%
GREELEY, CO (FHA|USDA|VA) 1 $305,000 $305,000 $3,911 2.38%
Wilson, NC (FHA|USDA|VA) 2 $290,000 $145,000 $3,446 3.25%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $285,000 $285,000 $3,897 2.98%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $275,000 $275,000 $5,381 3.88%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $265,000 $265,000 $4,007 3.38%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $255,000 $255,000 $2,501 2.88%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $235,000 $235,000 $6,415 3.63%
BECKLEY, WV (FHA|USDA|VA) 1 $225,000 $225,000 $1,827 2.25%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $195,000 $195,000 $2,528 2.25%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $4,012 3.75%
Bennettsville, SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.25%
SPARTANBURG, SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.88%
Palatka, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,266 2.25%
Orangeburg, SC (FHA|USDA|VA) 1 $155,000 $155,000 $0 2.88%
Greenwood, SC (FHA|USDA|VA) 1 $155,000 $155,000 $3,428 2.88%
Huntingdon, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,377 3.00%
Somerset, PA (FHA|USDA|VA) 1 $145,000 $145,000 $5,589 3.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $145,000 $145,000 $4,258 3.13%
Danville, VA (FHA|USDA|VA) 1 $125,000 $125,000 $3,204 3.25%
ERIE, PA (FHA|USDA|VA) 1 $105,000 $105,000 $4,556 2.63%
Seneca, SC (FHA|USDA|VA) 1 $105,000 $105,000 $2,887 3.88%
Pottsville, PA (FHA|USDA|VA) 1 $55,000 $55,000 $2,980 3.25%

Intercoastal Mortgage Company's top markets include Washington, Baltimore, Charlotte, Myrtle Beach, and Wilmington among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 9,390 $4,173,500,000 $444,462 $4,613 2.92%
VA 1,095 $579,915,000 $529,603 $9,197 2.62%
FHA 555 $163,125,000 $293,919 $8,961 2.99%
USDA 65 $12,455,000 $191,615 $5,299 2.91%

For the 2021 period, Intercoastal Mortgage Company's most frequently originated loan type of loans were Conventional, with 9,390 originations. Their 2nd most popular type is VA, with 1,095 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 6,130 $2,811,920,000 $458,715 $6,363 2.97%
Refi 3,788 $1,646,250,000 $434,596 $3,850 2.73%
Cash Out Refi 1,173 $467,125,000 $398,231 $4,505 2.98%
Home Improvement 13 $3,315,000 $255,000 $3,904 3.01%
NA 1 $385,000 $385,000 $6,614 2.98%

For the 2021, Intercoastal Mortgage Company's most frequently cited loan purpose of loans were Home Purchase, with 6,130 originations. The 2nd most popular reason of loans were Refi, with 3,788 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 9,996 $4,575,080,000 $457,691 $5,495 2.94%
15 Year 871 $276,625,000 $317,595 $3,279 2.42%
20 Year 196 $64,930,000 $331,276 $3,408 2.71%
10 Year 20 $4,350,000 $217,500 $2,953 2.40%
Other 19 $6,435,000 $338,684 $3,990 3.05%
1 Year 2 $1,390,000 $695,000 $0 4.50%
30+ year 1 $185,000 $185,000 $0 4.88%

For the 2021, Intercoastal Mortgage Company's most frequently cited loan length of loans were 30 Year, with 9,996 originations. The 2nd most popular length of loans were 15 Year, with 871 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 7,614 $3,404,800,000 $447,176
$<1k 1,506 $432,460,000 $287,158
$2k-3k 810 $376,400,000 $464,691
$3k-4k 719 $386,735,000 $537,879
$5k+ 452 $328,480,000 $726,726

$5,495 of loans were Intercoastal Mortgage Company's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 7,614 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 5,887 $2,825,835,000 $480,013
3-4% 3,125 $1,184,215,000 $378,949
<2.5% 2,035 $901,015,000 $442,759
4-5% 56 $16,550,000 $295,536
5-6% 2 $1,380,000 $690,000

During 2021, Intercoastal Mortgage Company's average interest rate of loans were 2.94%, while their most frequently originated rate bucket of loans were 2.5-3%, with 5,887 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 4,137 $1,237,725,000 $299,184 $4,316 2.89%
$400k-600k 3,077 $1,518,795,000 $493,596 $5,327 2.84%
$600k-1MM 1,969 $1,447,615,000 $735,203 $7,462 2.86%
$100k-200k 1,334 $209,620,000 $157,136 $3,566 3.03%
$1MM+ 400 $502,080,000 $1,255,200 $10,438 2.82%
$100,000 or less 188 $13,160,000 $70,000 $2,747 3.16%

2021 saw Intercoastal Mortgage Company place emphasis on $200k-400k loans with 4,137 originations, totaling $1,237,725,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$150k-250k 3,009 $1,560,615,000 $518,649 $5,534 2.87%
$100k-150k 2,587 $1,064,065,000 $411,312 $5,274 2.91%
$250k+ 1,630 $1,159,510,000 $711,356 $6,398 2.86%
$75k-100k 1,565 $516,975,000 $330,335 $4,822 2.93%
$50k-75k 1,294 $334,950,000 $258,849 $4,579 2.97%
$50k or less 604 $107,240,000 $177,550 $4,185 3.02%

Intercoastal Mortgage Company lent most frequently to those with incomes in the $150k-250k range, with 3,009 originations. The second most popular income band? $100k-150k, with 2,587 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 2,766 $1,227,710,000 $443,858 $4,788 2.87%
30-36% 2,191 $990,375,000 $452,020 $5,177 2.92%
<20% 1,117 $477,025,000 $427,059 $4,304 2.80%
39% 402 $185,290,000 $460,920 $5,826 2.96%
36% 400 $183,100,000 $457,750 $5,203 2.90%
41% 385 $173,535,000 $450,740 $5,293 2.97%
37% 382 $178,120,000 $466,283 $5,424 2.93%
42% 379 $173,085,000 $456,689 $6,059 2.95%
43% 374 $147,650,000 $394,786 $5,325 3.00%
44% 365 $147,665,000 $404,562 $5,987 2.98%
40% 360 $165,960,000 $461,000 $5,904 2.97%
38% 358 $173,660,000 $485,084 $5,890 2.94%
45% 268 $109,550,000 $408,769 $5,675 2.97%
48% 218 $88,000,000 $403,670 $6,285 2.95%
49% 212 $90,620,000 $427,453 $5,572 2.92%
46% 210 $87,300,000 $415,714 $5,633 2.98%
47% 202 $84,010,000 $415,891 $5,978 2.94%
50-60% 171 $82,905,000 $484,825 $10,612 2.81%
>60% 10 $6,370,000 $637,000 $10,051 3.94%

Intercoastal Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 2,766 originations. The next most common DTI ratio? 30-36%, with 2,191 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 6,443 $2,786,385,000 $432,467 $5,134 2.90%
Not provided 3,381 $1,578,095,000 $466,754 $5,446 2.88%
Asian 584 $275,670,000 $472,038 $5,074 2.84%
Black 558 $221,270,000 $396,541 $5,999 2.96%
Asian Indian 63 $37,355,000 $592,937 $6,086 2.85%
American Indian 44 $17,200,000 $390,909 $5,694 2.91%
Other Asian 15 $7,025,000 $468,333 $5,472 2.86%
Native Hawaiian 8 $1,820,000 $227,500 $4,259 2.97%
Chinese 3 $1,505,000 $501,667 $4,844 2.86%
Korean 2 $930,000 $465,000 $4,548 2.87%
Other Pacific Islander 2 $860,000 $430,000 $8,771 3.13%
Japanese 1 $625,000 $625,000 $5,529 2.38%
Filipino 1 $255,000 $255,000 $3,780 2.38%

Approval Rates

Total approvals of all applications
99.02%

Intercoastal Mortgage Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
83.12%

Intercoastal Mortgage Company has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 11,105 $4,928,995,000 $443,854

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
11,105 $4,928,995,000 $443,854

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 381 $107,045,000 $280,958 $3,507 2.71%
40-60% 1,448 $593,550,000 $409,910 $3,824 2.76%
60-80% 3,825 $1,814,085,000 $474,271 $4,645 2.94%
80-100% 4,414 $1,992,140,000 $451,323 $6,154 2.95%
Over 100% 187 $98,865,000 $528,690 $19,492 2.72%
Under 20% 65 $7,825,000 $120,385 $2,051 2.90%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Intercoastal Mortgage LLC Other type of mortgage Closing on a mortgage 1 100.0%