Intercoastal Mortgage Company Rates, Fees & Info
FAIRFAX, VALEI: 549300BM4NS8HDJT3X28
Tax ID: 52-1597440
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & 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 by origination volume include: Washington, Baltimore, Charlotte, Myrtle Beach, and Wilmington among others. We have data for 149 markets. (Some data included below & more in-depth data is available with an active subscription.)Intercoastal Mortgage Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Intercoastal Mortgage Company is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.38% | 4/28/24 |
| 30 Year Conventional Refi | 6.44% | 4/28/24 |
| 30 Year Cash-out Refi | 6.59% | 4/28/24 |
| 30 Year FHA Purchase | 7.07% | 4/28/24 |
| 30 Year FHA Refi | 7.06% | 4/28/24 |
| 30 Year VA Purchase | 6.10% | 4/28/24 |
| 30 Year VA Refi | 5.86% | 4/28/24 |
| 30 Year USDA Purchase | 6.75% | 4/28/24 |
| 15 Year Conventional Purchase | 6.00% | 4/28/24 |
| 15 Year Conventional Refi | 5.83% | 4/28/24 |
| 15 Year Cash-out Refi | 5.83% | 4/28/24 |
| 15 Year VA Purchase | 4.46% | 4/28/24 |
| 15 Year VA Refi | 5.68% | 4/28/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Intercoastal Mortgage Company Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Intercoastal Mortgage Company. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
11,105Origination Dollar Volume (All Markets)
$4,928,995,000Awards
INTERCOASTAL MORTGAGE COMPANY - 2021
INTERCOASTAL MORTGAGE COMPANY is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for INTERCOASTAL MORTGAGE COMPANY?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| 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% |
| Cañon 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% |
Similar Lenders
We use machine learning to identify the top lenders compared against INTERCOASTAL MORTGAGE COMPANY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 9
Similarity Rank: 111
Similarity Rank: 167
Similarity Rank: 208
Similarity Rank: 410
Similarity Rank: 414
Similarity Rank: 420
Similarity Rank: 504
Similarity Rank: 524
Similarity Rank: 533
Product Mix
For 2021, Intercoastal Mortgage Company's most frequently originated type of loan was Conventional, with 9,390 originations. Their 2nd most popular type was VA, with 1,095 originations.
Loan Reason
For 2021, Intercoastal Mortgage Company's most frequently cited loan purpose was Home Purchase, with 6,130 originations. The 2nd most popular reason was Refi, with 3,788 originations.
Loan Duration/Length
For 2021, Intercoastal Mortgage Company's most frequently cited loan duration was 30 Year, with 9,996 originations. The 2nd most popular length was 15 Year, with 871 originations.
Origination Fees/Closing Costs
Intercoastal Mortgage Company's average total fees were $5,495, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 7,614 originations.
Interest Rates
During 2021, Intercoastal Mortgage Company's average interest rate for loans was 2.94%, while their most frequently originated rate bucket for loans was 2.5-3%, with 5,887 originations.
Loan Sizing
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
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
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
Approval Rates
Total approvals of all applications99.01%
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 origination79.72%
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
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% |