Michael Kenyon at Intercoastal Mortgage Company

NMLS ID # 187063 Company NMLS ID # 56323 McLean NMLS # 320939 (www.nmlsconsumeraccess.org)

As a direct lender, we control the process from start to finish; we make the loan decision. The majority of our loans are processed, underwritten, and closed locally, in-house. Our veteran team of loan officers and professional personnel are equipped with a level of experience that is second to none.

NMLS ID # 187063 Company NMLS ID # 56323 McLean NMLS # 320939 (www.nmlsconsumeraccess.org)

As you might expect, payment history is the most influential component in your credit score, followed closely by the amounts you owe. To lesser degrees, the length of time you've utilized credit, the number of new accounts or inquiries you have, and the various types of credit accounts you hold also impact your score. Overall reporting also looks at how these factors relate to each other in the context of your personal usage.

#Credit #UnderstandingCredit #Payment #Loan

Getting updates on what’s new at the monthly Loan Officer Meeting at Intercoastal Mortgage Company!

If you find that you aren’t getting approved for credit cards or loans, or aren’t getting favorable rates for financing, then you might need to make some improvements to your credit score.

These 7 tips can help you get your credit score where you need it to be. Stay tuned tomorrow as we dive into these with more detail!

#CreditRepair #Credit #Debt #Loan #Mortgage

This week, we'll be chatting about credit and it's impact on your loan.

The biggest take away for today is that you DON'T need to have a perfect credit score to buy a home!

We get it that life events happen and things can affect your score, but this doesn't mean you can't purchase!

So whether you have excellent credit or ok credit, I can still help you own a home!

#Credit #HomeLoan #Loan #Mortgage #MortgageLoanOfficer #MortgageTips

It's Friday and we have enjoyed breaking down the difference between a fixed rate and adjustable rate mortgage!

Stay tuned next week as we break down credit!

#ARM #FixedRate #InterestRate #Mortgage #Credit

1. How long do you plan on staying in the home?
2. How frequently does the ARM adjust, and when is the adjustment made?
3. What’s the interest rate environment like?
4. Could you still afford your monthly payment if interest rates rise significantly?

#FixedRate #AdjustableRate #Mortgage #Loan #Rate #InterestRate

Many ARMs will start at a lower interest rate than fixed rate mortgages. This initial rate may stay the same for months, one year, or a few years. When this introductory period is over, your interest rate will change and the amount of your payment is likely to go up.

Part of the interest rate you pay will be tied to a broader measure of interest rates, called an index. Your payment goes up when this index of interest rates increases. When interest rates decline, sometimes your payment may go down, but that is not true for all ARMs. Some ARMs set a cap on how high your interest rate can go. Some ARMs also limit how low your interest rate can go.

#FixedRate #AdjustableRate #Mortgage #Loan #Rate #InterestRate

The difference between a fixed rate and an adjustable rate mortgage is that, for fixed rates the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down.

#FixedRate #AdjustableRate #Mortgage #Loan #Rate #InterestRate

New Monday new topic! This week we'll be talking about Fixed Mortgages vs. ARMs.

Which is the better option for you? Well it all depends. So stay tuned and if you have any questions, feel free to reach out!

#FixedMortgage #ARM #AdjustableRateMortgage #Motgage #Loan

Ask your real estate agent, peers who have recently bought a home or your lender for recommendations for a title company. Then, do your homework on the title companies recommended.

Look for a title company that has years of experience doing this (have they done hundreds or even thousands of these kinds of transactions?). Contact the Better Business Bureau to determine whether the company has any complaints against it.

#TitleCompany #Title #Mortgage #Loan

homeclosing101.org

3 Things Consumers Should Consider When Shopping for a Title Company | Home Closing 101

Purchasing a home is the single largest investment most consumers make in their lifetime. The American Land Title Association reminds consumers of the three most important things to consider when shopping for a title company.

#TitleCompany #Mortgage #Loan #HomeBuying

homeclosing101.org 3 Things Consumers Should Consider When Shopping for a Title Company November 26, 2016 Purchasing a home is the single largest investment most consumers make in their lifetime. The American Land Title Association reminds consumers of the three most important things to consider when shopping for a ti...

Congratulations to Davina!

Davina is a repeat client and on Monday, she closed on her new home. With the help of Doug Richards, Realtor TTR Sotheby's International Realty, she was able to find a fantastic place to call home!

#Congratulations #NewHome #WelcomeHome #BestClients #BestPartners

Title companies also often maintain escrow accounts — these contain the funds needed to close on the home — to ensure that this money is used only for settlement and closing costs, and may conduct the formal closing on the home.

Finally, the title company will ensure that the new titles, deeds and other documents are filed with the appropriate entities.

#TitleCompany #Title #Mortgage #Loan #Escrow

Happy Monday!

This week we're going to be talking about Title Companies and Settlement Attorneys. Here's a sneak preview of what we'll get into this week. Stay tuned!

#TitleCompany #SettlementAttorney #Mortgage #Loan #LoanOfficer

hgtv.com

Top 15 Home Updates That Pay Off

To round off our week of renovation/construction/remodel - let's take a look at HGTV's top 15 home improvements rank, plus get tips on maximizing the return at resale!

#Construction #Renovation #Remodel #Reno #Mortgage

hgtv.com Find out how the top 15 home improvements rank, plus get tips on maximizing the return at resale.

Some very exciting news on this Thursday...

We're closing our first Colorado transaction today!

I'm looking forward to doing more business in Colorado and hope to hear more from all of you in CO soon!

#ClosingDay #Mortgage #loan

Looking to renovate? Let's talk about our 203K option!

#Renovation #Loan #Mortgage #Lender

realtor.com

Remodel vs. Renovation: What’s the Difference?

You say potato, I say potahto. Remodel vs. renovation … same thing, right? While the terms remodel and renovation are used interchangeably all the time, they are actually very different animals. So exactly what is the difference between a remodel and a renovation?

#Renovation #Remodel #Mortgage #Loan

realtor.com Remodel vs. renovation … same thing, right? While remodel and renovation are used interchangeably all the time, they are actually very different animals.

Thank you to my team at Intercoastal Mortgage Company for the card and gift on my 12 year work anniversary! I can’t believe it has been 12 years - time flies! #Mortgage #Anniversary #WorkAnniversary

kenyonmichael.com

Construction & Renovation Financing | Michael Kenyon

Do you have renovation goals for your home or do you want to build a brand new home? If so, we can provide you with the financing necessary to construct, renovate, or rehabilitate your residence. Finding out if you qualify is a quick and easy process that comes with no obligation.

Stop by the website to learn more and let's talk if you are thinking about a construction/renovation project!

#Construction #Remodel #Reno #Mortgage #Loan

https://kenyonmichael.com/construction-renovation/

kenyonmichael.com Whether you're getting ready to purchase your very first home or you're moving to a new area, it's important to understand your mortgage options.

Happy Monday! This week we'll be diving into Construction/Reno/Remodeling.

Did you know that there are specific loans that ICM can offer to help with your home improvements?

If home construction, renovation, or remodeling is something you're interested in doing, let's get in touch!

#HomeRenovation #HomeConstruction #HomeRemodeling #Mortgage #Loan

Rounding out the week on Equity with this fun graphic - Happy Friday!

#Equity #HomeEquity #Mortgage #Loan #HomeBuyer

thebalance.com

How (And Why) to Build Home Equity

Did you know that home equity is typically a homeowner’s most valuable asset. That asset can be used later in life, so it’s important to understand how it works and how to use it wisely.

#HomeEquity #HomeOwner #Mortgage #Loan

thebalance.com Home equity is the value of a homeowner's interest in a home, or the market value minus any loan balances secured by the home.

What is it Wednesday: Home Equity!

#Equity #HomeEquity #Mortgage #Loan

Congratulations to my clients Anand and Daphne!

They closed on their first home today! With the help of Jen Goroff - Realtor at The Washington Group, they found their first home in DC!

#Congratulations #NewHome #WelcomeHome #BestClients #BestPartners

Thank you Haley for the kind video review! It's always a pleasure to work with great clients!

We pride ourselves on being able to provide a smooth and efficient experience for you, and we look forward to working with you again in the future! #ICM #GreatClients

Happy Monday! This week we'll be talking about Equity.

Stay tuned for more information and if you have any questions, let's get in touch!

#Equity #Mortgage #Rates #Loan

Congratulations to my clients Scott and Brooke! They closed on their first home last week! With the help of Traci Johnson at Keri Shull Team, they found a wonderful condo that checked all the boxes in their search. Very happy for the young, first-time buyers!

#Congratulations #NewHome #WelcomeHome #BestClients #BestPartners

mortgagenewsdaily.com

MBS Day Ahead: Rates Return Perfectly To Midfield Before NFP Calls Next Big Play

Let's dive more into rates and how they are fluctuating. Yesterday's bond market volume was as low as it's been since Monday, March 18th. Then, like now, bonds were on the approach to a big potential market mover, although the March 20th Fed announcement was almost guaranteed to be a big deal whereas today's jobs report merely reserves the right to be.

#Rates #InterestRates #Mortgage #Loan

mortgagenewsdaily.com Yesterday's bond market volume was as low as it's been since Monday, March 18th. Then, like now, bonds were on the approach to a big potential market mover, although the March 20th Fed announcement was almost guaranteed to be a big deal whereas today's jobs...

mortgagenewsdaily.com

MBS Day Ahead: Hopes And Fears as Rates Approach Key Ceiling

We've talked a lot about 2.55% in 10yr yields as an important floor for most of Q1 2019. It was broken after the Fed's March 20th announcement. For more than a week after that, bonds didn't look back. In the past week, however, the shine has clearly started to come off the rally--so much so that 2.55% is quickly coming back into focus. This time, it acts as a ceiling.

#Rates #InterestRates #Mortgage #Loan #News

mortgagenewsdaily.com We've talked a lot about 2.55% in 10yr yields as an important floor for most of Q1 2019. It was broken after the Fed's March 20th announcement. For more than a week after that, bonds didn't look back. In the past week, however, the shine has clearly started...

It’s been a week of meetings! Loan officer meeting today - catching up on new news, updates, new hires and more! #LoanOfficerMeeting #AlwaysLearning

This week we'll be talking about Rate Fluctuation.

Stay tuned for more information and what this could mean for you.

#RateFluctuation #Mortgage #Rates

Sometimes all it takes is one word to some up an experience!

Thank you Spencer!

We pride ourselves on being able to provide a smooth and efficient experience for our clients, and we hope to work with you again in the future!

#ICM #GreatClients #TestimonialTuesday

washingtonpost.com

Mortgage rates continue to nose-dive as 30-year fixed experiences biggest one-week drop in a decade

Just a handful of months ago, mortgage rates were soaring. Now they are sinking.

According to data released Thursday by Freddie Mac, the 30-year fixed-rate average plunged to 4.06 percent, with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) The 30-year fixed, which was 4.28 percent a week ago, had its biggest one-week drop in a decade. It was 4.4 percent a year ago and is at its lowest level in 14 months.

#MortgageRates #InterestRates #Rates #Mortgage

washingtonpost.com The 30-year fixed-rate average fell to 4.06 percent, its lowest level in 14 months.

housingwire.com

MBA: Falling mortgage rates propel mortgage applications

Mortgage applications rose once again for the week ending on March 22 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey.

Check out this article from Housing Wire on how rates reacted after last week and let's talk about what this could mean for you.

#Mortgage #Loan #Rates #InterestRates

housingwire.com Mortgage applications rose once again for the week ending on March 22 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Vice President of Economic and Industry Forecasting Joel Kan said the spring buying season is off to a strong star...

mortgagenewsdaily.com

Mortgage Apps are Loving Lower Rates, Loan Sizes Set Another Record

Mortgage Apps are Loving Lower Rates!

Thanks to the Fed Announcement last week - there has been a big gain in mortgage applications and refinances!

#Mortgage #Rates #InterestRates #HomeBuying #Refinancing

mortgagenewsdaily.com The Mortgage Bankers Association (MBA) credited a strong start to the spring buying season for a big gain in mortgage applications during the week ended March 22. However, it appears that a surge in refinancing due to declining interest rates was an equal if...

Thank you for the kind words, Silvia and Curtis!

We pride ourselves on being able to provide a smooth and efficient experience for our clients, and we hope to work with you again in the future!

#ICM #GreatClients #TestimonialTuesday

Let's talk about the Fed Announcement that came in last week! Turns out that rates are not going to increase and the market responded well.

Ready to talk about how this could help you? Let's talk!
#FedAnnouncement #Share #Mortgage #Loan #Rates #InterestRates

realtor.com

As the Housing Market Shifts to Favor Buyers, This Remains the Biggest Hurdle

“The Spring home buying season is an improvement over last year from an inventory perspective nationwide, but would-be buyers still face challenges," Chief Economist Danielle Hale of realtor.com said in a statement. "This year, shoppers are going to be grappling with their budgets, rather than competition from a horde of other buyers."

#SpringMarket #Mortgage #RealEstate #Buying #Selling

realtor.com Since the summer, more homes have gone up for sale, mortgage rates have dropped, and price appreciation is waning. But buyers still face a big hurdle.

washingtonpost.com

Mortgage rates are in a free fall with no end in sight

Taking a break from Spring Market updates to discuss yesterdays rate news!

Global and domestic economic concerns continue to drive down mortgage rates.

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.28 percent with an average 0.4 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.31 percent a week ago and 4.45 percent a year ago.

#MortgageRates #Rates #Mortgage #Loans

washingtonpost.com The 30-year fixed-rate average continued its downward path, dropping to 4.31 percent.

realtor.com

6 Things You'll Love—and Hate—About Buying a Home This Spring

Welcome to the best—and worst—time to buy a home: spring! Yes, it's peak home-buying season. However, it’s no bed of roses.

Knowing what to expect is half the battle, and can help you use these highs and lows to your advantage!

So consider this an essential prep course. Ready to dive into the best of times and the worst of times for home buying?

#SpringMarket #HomeBuyingSeason #Mortgage #Loan

realtor.com Knowing what to expect from the spring housing market will help you navigate the ins and outs of shopping for a home during this busy season.

Spring is almost here (1 day!)...so it seems only fitting to talk about the Spring Market this week!

#SpringMarket #RealEstate #Rates #Mortgage #Loan

Are you ready to make a move?

The cost of rent has been rising, home prices are moving up, and interest rates are no longer at their recent lows.

If all of this has helped you decide that now really is the right time to buy, I'm ready to help!

A phone call is all it takes, so let's get in touch today!

#TimeToBuy #FirstTimeBuyer #RentToOwn #Mortgage

Congratulations to Michael and Morgan on the purchase of your new home! Welcome to Virginia!

Big thank you to Ivana Pelikan at Long & Foster Real Estate - Arlington Sales and Carol A. Welsh at Long & Foster Reston for helping to make this happen!

#HomeOwner #WelcomeHome #NewHome #Mortgage

Still writing checks to the landlord?

If you don't intend to stay in your home long-term, need extra mobility or are unsure about your employment prospects, renting probably makes sense for you.

BUT if you're planning to stick around, owning may prove to be more rewarding. Here are four good reasons:
#RentvsBuy #Homeownership #Mortgage #Loan

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Location

Telephone

Address


6829 Elm St 200
Ashburn, VA
22101

General information

Intercoastal Mortgage Company (ICMTG) offers competitive pricing and cutting edge programs to meet all your home buying needs. We offer a complete menu of options from conventional to VA and FHA loans; jumbo and super jumbo loans; construction and renovation loans and bridge loans. We also originate purchase money second trusts and home equity lines of credit. If you are looking to refinance, Intercoastal can streamline the process, cut through the red tape and get you closed more efficiently than any other mortgage company. That’s our promise!

Opening Hours

Monday 08:30 - 19:00
Tuesday 08:30 - 19:00
Wednesday 08:30 - 19:00
Thursday 08:30 - 19:00
Friday 08:30 - 19:00
Saturday 08:30 - 19:00
Sunday 08:30 - 19:00
Other Loans in Ashburn (show all)
Benchmark Mortgage - The Leszczak Team Benchmark Mortgage - The Leszczak Team
44715 Brimfield Drive #270
Ashburn, 20165

Greg Leszczak NMLS #268208 Ark-La-Tex Financial Services, LLC Equal Housing Opportunity http://www.nmlsconsumeraccess.org/

Carolyn Flitcroft - Main Street Home Loans Carolyn Flitcroft - Main Street Home Loans
19775 Belmont Executive Plaza Suite 350
Ashburn, 20147

Carolyn Flitcroft - Senior Home Loan Consultant - NMLS #389312 (www.nmlsconsumeraccess.org) Equal Housing Lender

Kevin Iuppa - Embrace Home Loans - NMLS# 915902 Kevin Iuppa - Embrace Home Loans - NMLS# 915902
20135 Lakeview Center Plaza, Suite 160
Ashburn, 20147

As an experienced LO, I have the knowledge and expertise needed to make sure you obtain the best financing available. Exceeding expectations is my passion.

Kristi Hardy Team at Atlantic Coast Mortgage Kristi Hardy Team at Atlantic Coast Mortgage
20365 Exchange St, Ste 300
Ashburn, 20147

Atlantic Coast Mortgage LO NMLS # 194938 | Company NMLS ID #643114 (www.nmlsconsumeraccess.org)

BB&T BB&T
43865 Freedom Station Plz
Ashburn, 20148

Capital One Bank Capital One Bank
42410 Finale Square
Ashburn, 20148

Stephen Skirkanich, Benchmark Mortgage Stephen Skirkanich, Benchmark Mortgage
44715 Brimfield Drive #270
Ashburn, 20165

The Ashley Smith Team at Atlantic Coast Mortgage The Ashley Smith Team at Atlantic Coast Mortgage
20365 Exchange St, Ste 300
Ashburn, 20147

Atlantic Coast Mortgage, LLC is an Equal Housing Lender LO NMLS # 529694 Branch NMLS ID #1167353|Company NMLS ID #643114 (www.nmlsconsumeraccess.org)

Embrace Home Loans - Ashburn, VA Embrace Home Loans - Ashburn, VA
20135 Lakeview Center Plaza
Ashburn, 20147

Embrace Home Loans can help with all your home financing needs, whether you're looking to buy or refinance. Visit our office in person, or give us a call to see how we can help you. www.embracehomeloans.com

Main Street Home Loans Main Street Home Loans
19775 Belmont Executive Plaza, Suite
Ashburn, 20176

Main Street Home Loans [email protected] www.mainstreethomeloans.com NMLS #2893 (www.nmlsconsumeraccess.org) Equal Housing Lender

Sharon Slayton at Atlantic Coast Mortgage Sharon Slayton at Atlantic Coast Mortgage
20365 Exchange Street, Suite 300
Ashburn, 20147

Atlantic Coast Mortgage, LLC is an Equal Housing Lender LO NMLS # 496299 | Company NMLS ID #643114 (www.nmlsconsumeraccess.org)

Kevin Corbett-Mortgage Loan Specialist Kevin Corbett-Mortgage Loan Specialist
43045 Van Matre Dr
Ashburn, 20148

Intercoastal Mortgage Company (ICMTG) offers competitive pricing and cutting edge programs to meet all your home buying needs.