First you will need to contact your Intercoastal mortgage loan professional for an initial consultation. During this conversation, only after listening to your specific needs, your Loan officer will suggest what programs may be appropriate for your situation. At this time they will ask you to fill out a brief mortgage application. It is recommended for efficiency purposes that you apply over the telephone or through this secure website. If you prefer, you may apply in person or through the mail. Let your loan officer know which application option would be best for you. In any event, the application should take only a few minutes. At any time during this process your loan officer will be happy to provide you with a good faith estimate based on the programs you have discussed.

After you have completed your application your Loan officer will immediately initiate the approval process. At this time, depending on what type of mortgage loan you have applied for, your loan officer may ask you for some personal documentation. This documentation may include pay stubs, W2s, bank statements or other pertinent information. For some types of mortgage loans these types of documentation are unnecessary. Your Loan officer will be able to quickly determine what documentation type is appropriate for you. Normally, your Loan Officer will be able to issue you a streamlined loan approval on the spot.

Now that you have completed these short steps your loan will be placed in an approved status. This will enable your loan officer to issue an approval letter. This letter is normally drafted when you are ready to make a contract offer on a home after your property search. The letter will contain specific information on the property you have selected. If you are refinancing a property you already own, your loan officer will help you take the necessary steps to initiate that process.

Once you have a ratified contract to purchase a home or have decided to refinance, your Loan officer will "lock in" the interest rate on one of the many competitive Intercoastal mortgage programs you have selected. After you have reviewed and signed your "lock in" finance agreement and some other routine disclosures, your loan officer will submit your loan package to our in-house processing center. There it will be validated and sent to our on-site closing department. The closing department will then interface with your chosen title company to insure that your settlement occurs on time and without any hitches. It is that simple!