Intercoastal Mortgage Company

What Intercoastal Mortgage Company does

Intercoastal Mortgage, LLC is an independent, privately held direct residential mortgage lender founded in 1987 and headquartered in Reston, Virginia. The company originates purchase, refinance, and construction home loans for individual consumers and small borrowers across the Mid-Atlantic region, marketing to first-time buyers, repeat buyers, refinancers, and construction/renovation customers. It holds NMLS ID #56323 and is operationally part of a broader affiliated corporate ecosystem that includes Van Metre Companies, ERA Van Metre Properties real estate brokerage, Walker Title LLC, Walker/Dominion Title LC, and Lender Service Provider LLC.

The company operates a vertically integrated origination platform with in-house loan processing, underwriting, and closing capabilities rather than relying on brokers or third-party correspondents. Its product portfolio spans conventional, non-conventional, VA, FHA, USDA, jumbo, super jumbo, construction, renovation, bridge, and condo financing products. Supporting tooling includes free online mortgage calculators, educational content, a multi-platform company podcast, and an active social media presence. There are 100+ local loan officers distributed across office locations who serve as the primary customer-acquisition and relationship channel; 100K+ loans have been processed cumulatively and $1B+ has been invested in home loans over the company's history.

Revenue is generated on a transaction-fee basis through origination fees, gain-on-sale economics, and servicing rights on closed loans. The GTM motion is sales-led and direct-to-consumer via the company website, branch offices, and the loan officer network, with no external broker or third-party origination channel. In September 2025 the company relocated its headquarters to Reston Town Center, and in July 2020 it acquired MVB Mortgage for an undisclosed amount to expand origination capacity.

Name

Intercoastal Mortgage Company

Legal name

Intercoastal Mortgage, LLC

Website

https://icmtg.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

Intercoastal Mortgage, LLC is an independent direct residential mortgage lender founded in 1987, originating purchase, refinance, and construction loans for individual consumers across the Mid-Atlantic region through 100+ in-house loan officers.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292), Nondepository Credit Intermediation (5222)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)

akta.pro secondary industries

Bridge & Short-Term Real Estate Loan Intermediation (FSAEAEAG), Home Equity Loan & HELOC Intermediation (FSAEAEAD)

Keywords

• Residential mortgage lending
• Home loan origination
• Mortgage refinancing
• Construction loans
• VA FHA loans

Headquarters

HQ city

Fairfax

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage Loan Origination: Intercoastal Mortgage generates revenue through originating residential mortgage loans including purchases, refinances, and construction loans. As a direct lender, they earn origination fees and interest income from the loans they close. Revenue is generated from the spread between loan origination fees and ongoing servicing rights.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Intercoastal Mortgage originates, processes, underwrites, and closes residential mortgage loans directly as an in-house lender. The company offers a broad portfolio including Conventional, Non-Conventional, VA, FHA, USDA, Jumbo, Super Jumbo, Construction, Renovation, Bridge, and Condo loans for home purchases, refinances, and construction-to-permanent financing. Customers are served through 100+ local loan officers and online inquiry channels across the Mid-Atlantic region.

Product overview

Intercoastal Mortgage, LLC is a direct residential mortgage lender offering a comprehensive suite of home financing products. The company operates as a single unified mortgage lending platform providing various loan programs including first-time home buyer loans, next home purchase loans, refinance loans, and construction loans. The product portfolio spans multiple loan types including Conventional, Non-Conventional, VA, FHA, USDA, Jumbo/Super Jumbo, Renovation, and Bridge loans, all processed in-house from application through closing. Supporting services include mortgage calculators, educational resources, and a podcast series for borrower education.

Differentiator

Problem solved

Functional benefit

Products and services

• First-Time Home Buyer Loans Mortgage financing solutions designed for first-time buyers, offering flexible loan products and financing options to make home purchasing more affordable and accessible. Targets individuals purchasing their first primary residence who need guidance through the mortgage process.
• Next Home Purchase Loans Mortgage products for buyers purchasing their next home, supporting upsizing, downsizing, or relocation with tailored financing solutions. For existing homeowners transitioning to a new primary residence.
• Refinance Loans Mortgage refinancing solutions allowing homeowners to adjust their loan terms, lower interest rates, or access home equity. For current mortgage holders seeking to refinance.
• Construction Loans Financing for building or renovating homes, providing flexible and convenient financing with support from the ground up. For buyers building new homes or undertaking major renovations.
• Conventional Loans Standard mortgage loans that conform to Fannie Mae and Freddie Mac guidelines, offered as part of the company's flexible financing solutions for borrowers who qualify under standard underwriting.
• Non-Conventional Loans Alternative financing options outside conventional lending standards, providing flexibility for borrowers who may not qualify for standard conforming loans.
• VA Loans Mortgages insured by the Department of Veterans Affairs, available to eligible veterans and service members with favorable terms including low or no down payment.
• FHA Loans Federal Housing Administration-insured mortgages with lower down payment requirements, designed for first-time and moderate-income buyers.
• USDA Loans United States Department of Agriculture rural development loans offering zero down payment options for eligible properties in qualifying areas.
• Jumbo and Super Jumbo Loans Mortgages exceeding conforming loan limits for high-value properties, including both jumbo and super jumbo categories for luxury and high-cost-area purchases.
• Renovation Loans Financing that combines purchase or refinance funds with renovation costs, allowing borrowers to finance home improvements as part of their mortgage.
• Bridge Loans Short-term financing solutions to bridge the gap between purchasing a new home and selling an existing one, enabling transition financing for move-up buyers.
• Condo Financing Specialized mortgage products for condominium purchases, with guidance on condo-specific financing requirements and approval processes.

Quantifiable outcome

• $1B+ in home loans invested
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Van Metre CompaniescoreOthersAffiliated company under common ownership or control. Part of the broader corporate family providing integrated real estate services including mortgage lending.
• ERA Van Metre PropertiescoreChannel Partner/ Reseller/ DistributorReal estate brokerage affiliate operating under ERA brand. Provides real estate sales services that generate mortgage referrals and work in coordination with Intercoastal Mortgage for home purchase transactions.
• Walker Title, LLCcoreStrategic or Co-development PartnerAffiliated title company providing title insurance and settlement services. Ensures seamless closing process for mortgage transactions by integrating title and settlement services.
• Walker/Dominion Title L.CcoreStrategic or Co-development PartnerAffiliated title and settlement services company (likely a related entity or expansion of Walker Title operations) that supports the mortgage closing process.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• loanDepot: Large national direct-to-consumer and retail mortgage lender with comparable loan product breadth (conventional, government, jumbo, refinance) and an in-house origination platform.
• Embrace Home Loans: Mid-Atlantic-headquartered independent nonbank mortgage lender with a direct retail origination model and in-house processing — closely comparable in scale, geography, and product mix to Intercoastal Mortgage.
• NewRez (formerly New Penn Financial): Nonbank residential mortgage lender offering a full product shelf including FHA, VA, USDA, jumbo, and renovation loans through retail and wholesale channels — directly comparable operating model.
• Pennymac: One of the largest US nonbank mortgage originators and servicers; comparable business model spanning retail and consumer direct origination across conforming and government products.
• Guild Mortgage: Independent retail-focused mortgage lender with a broad product portfolio (conventional, government, jumbo, renovation) and similar relationship-driven origination philosophy.
• Homebridge Financial Services: Nonbank residential mortgage lender with retail and wholesale origination across a comparable product set, including FHA, VA, USDA, and jumbo loans.
• Planet Home Lending: Nonbank mortgage lender offering retail, wholesale, and correspondent channels with a comparable mix of agency, jumbo, and specialty products.
• Caliber Home Loans: Nonbank mortgage originator and servicer with a retail and wholesale model across similar loan products, including renovation and non-QM specialty offerings.

Broad incumbents

• Rocket Mortgage: Largest US direct-to-consumer mortgage lender and a broad industry incumbent; overlaps with Intercoastal on residential purchase and refinance but competes primarily via national digital origination at scale.
• Wells Fargo Home Mortgage: Top-five US mortgage originator operating as part of a national bank; competes with Intercoastal on agency, jumbo, and refinance products across the Mid-Atlantic but does so within a much broader banking franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCZeh_9qRWVrDoepmmnryMgg
• Facebookfacebook.com/IntercoastalMortgage
• LinkedInlinkedin.com/company/intercoastal-mortgage-company
• Instagraminstagram.com/intercoastalmortgage

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Intercoastal Mortgage Company