Mya Tran-Harter Named 2024 Mortgage Professional of the Year by The Home Builders Association of Virginia

Fairfax, VA – June 26, 2024 – Mya Tran-Harter, Senior Vice President,Construction & Senior Loan Officer (NMLS ID# 248295) at IntercoastalMortgage, LLC has been awarded the prestigious title of 2024 MortgageProfessional of the Year by the Home BuildersAssociation of Virginia (HBAV). Tran-Harter has been recognized for herexceptional work in the mortgage industry, demonstrating outstanding expertise,professionalism, and […]

Intercoastal Mortgage, LLC Wins Home Possible RISE Award® for Outstanding Work with (Home Possible®/HFA Advantage®) Mortgages for Very Low- to Low-Income Homebuyers

Fairfax, VA – June 19, 2024 – Freddie Mac (OTCQB: FMCC) announced the winners of its Home Possible RISE Awards®. The annual program, RISE (Recognizing Individuals for Sustained Excellence), salutes Freddie Mac’s top clients across multiple categories for excellence with the Home Possible® and HFA Advantage® mortgage products – Freddie Mac’s affordable lending solutions for […]

5 Mistakes to Avoid When Purchasing a Home

Purchasing a home is a significant milestone that comes with its own set of challenges. Here are five common mistakes to avoid when buying a home: Not Getting Pre-Approved for a Mortgage: Before you start looking for a home, it’s crucial to know how much you can afford. Without a pre-approval, you might waste time […]

Intercoastal Mortgage Company, LLC Appoints Steve Trautwein as Director of Military Lending

Steve Trautwein Website

Intercoastal Mortgage, LLC, one of the largest independently owned residential mortgage lending operations in the Mid-Atlantic Region, has named Steve Trautwein, Director of Military Lending. Trautwein, based in Northern Virginia, is a Brown University graduate with more than 35 years’ experience in the financial services industry. He will continue to originate loans and bring Intercoastal […]

Should You Use a 203(k) Loan to Renovate a Home?

INTERCOASTAL MORTGAGE state house outline

If you’re thinking about either buying a fixer-upper or making significant renovations to your home, an FHA 203(k) loan might be a good funding option to consider. What Is an FHA 203(k) Loan? FHA 203(k) loans, also called renovation loans or mortgage rehab loans, cover both the cost of a home and the cost of […]

Mortgage Preapproval vs Prequalification: What’s the Difference?


If you’re starting to think about buying a home, you probably know that you’ll need to get prequalification or preapproval for a mortgage early in the process. These terms can be confusing since they’re often used interchangeably. However, they are different steps, so it’s useful to understand how each one works. There can also be […]

Best Mortgage Options for First Time Home Buyers


Are you ready to take the plunge and become a homeowner for the first time? Congratulations! Homeownership is a milestone that brings with it many rewards, both financial and personal. But before you can enjoy these benefits, there’s one more important step—finding the right mortgage loan. And with so many different mortgage options available, it […]

How Your Credit Score Can Affect Your Mortgage Rate


Financing is one of the most important factors to consider when purchasing a home. Knowing what your options are and understanding the terms of the loan can save you money in the long run. With a little research, you can ensure you’re getting the best mortgage rate for your situation. Here we will explore how […]

Fixed vs Adjustable-Rate Mortgage


If you are in the market to purchase a new home, you are also likely to be in the market for a new mortgage. Generally, mortgages are loans granted to purchase a home, with the house acting as the security. Depending on the terms of the mortgage, the lender will require the borrower to make […]

When Should You Refinance a Mortgage


Are you looking for an option to reduce the amount you pay on your mortgage each month? Refinancing a mortgage can be a great way to save money and lower your monthly payments. However, deciding to refinance a mortgage can be an intimidating process, especially if this is your first home. But timing is everything […]