MVB Mortgage and Intercoastal Mortgage Company are now Intercoastal Mortgage, LLC
Intercoastal Mortgage, LLC
MVB Financial Corp. (NASDAQ: MVBF) and its wholly-owned subsidiary MVB Bank, Inc. announced on July 1, 2020, that the Bank’s subsidiary Potomac Mortgage Group, Inc. (dba MVB Mortgage) completed a combination with Intercoastal Mortgage Company, a Van Metre Company. MVB Mortgage and ICMC are now one of the largest independently owned residential mortgage lending operations in the Mid-Atlantic Region: Intercoastal Mortgage, LLC.
“With the closing of this combination, MVB deepens our trusted partnership with one of the premier builders in the country. We know the Van Metre family is a great cultural fit with MVB, sharing the same values. Together we are now a top five lender in one of the best markets in the country, and MVB has a smaller piece of a much larger pie,” said Larry F. Mazza, CEO and President, MVB Financial Corp.