310 search results for conventional loans
Build Loan Product
Available for primary or secondary residencesJumbo financing availableInterest Only options available during constructionAs little as 5% down on primary residencesFlexible contractor options
VHDA Introduces New Homeownership Program Article
VHDA Introduces New Homeownership ProgramIn an effort to offer down payment assistance to more homebuyers, the VHDA has created a new second mortgage program, known as the VDHA Plus Second Mortgage. The program, which went into effect August 15, repl...
FHA Loan Product
As little as 3.5% down paymentLess than perfect credit can applyGuaranteed by the Federal Housing AuthoritySeller can pay borrower closing costsFixed rate and ARM (Adjustable Rate Mortgage) options. Payment may increase after consummation.
What Makes the VA Loan Such a Valuable Benefit? Article
The VA Loan is known to be one of the best benefits for current and retired military members and their families. Let’s dive a little deeper into what makes the VA Loan so special. A VA or Veterans Affairs Loan is a home loan designed to help fi...
USDA Loan Product
Up to 100% financing availableFor moderate-income familiesFlexible credit guidelinesSeller can pay borrower closing costs
4 Things to Know about a VA Loans in 2020 Article
4 Things to Know about a VA Loans in 2020 If you’re a Veteran, active duty member or reservist, there are certain changes to the VA Loan rolling out in 2020 that you should know, especially If you’re looking to purchase a new home in the upcoming yea...
Common VA Loan Myths Debunked Article
Common VA Loan Myths Debunked The VA Home Loan helps military families achieve the dream of homeownership and is considered one of the strongest VA benefits available. Unfortunately, there are a lot of rumors or misconceptions that may be stopping mi...
Need to Establish Good Credit? Here’s How Article
Need to Establish Good Credit? Here’s HowIt’s March, which means it’s credit education month! While most of us know what a credit score is, a lot of consumers do not fully understand what factors impact your credit score. Credit sco...
Seller Concessions: What can a seller contribute to their home sale? Article
What is a seller concession? Buyers can request that the seller contribute to some of their out-of-pocket costs when submitting an offer on a home. If agreed upon, this is referred to as a seller concession. Why would a seller make concessions?...
Website Accessibility Page
Address: 3 Commercial Place, Suite 1200, Norfolk, VA 23510Telephone:(888) 637-1321 TowneBank Mortgage is committed to providing excellent member service to all people regardless of ability. We want members and visitors to navigate, use, and interac...
About Us About Us
Inspired by our hometown roots, we’re committed to providing our borrowers with a personalized mortgage experience. From pre-qualification to the closing table, our loan officers are dedicated to ensuring that you’re comfortable and confi...
DID YOU KNOW - A 20% Down Payment is Not Required to Buy a Home Article
Coming up with enough cash for a down payment is one of the most common struggles among first-time buyers. However, in most cases, you don’t need to put 20% down on a home – especially your first home! So how much do you need to put down?...
Fixed-Rate Mortgage Page
A fixed-rate mortgage is a type of home loan for which the interest rate is set when you take out the loan and it will not change during the term of the loan.How are interest rates determined?Interest is the cost of borrowing funds from a lending ins...
Innovation Through Marketing Article
Innovation Through MarketingYou can expect the support of our top-tier, in-house Marketing team to help you boost your business, strengthen and develop relationships and nurture past, pending and future clients. Our team takes your vision and goals a...
Do’s and Don’ts of the Mortgage Process Article
Do’s and Don’ts of the Mortgage ProcessIs purchasing a home on your to-do list? If you’re like the majority of homebuyers in America, you’ll be taking out a mortgage to purchase your next home.Here’s a list of do’s and don’ts to follow throughout the...
What’s Hot and What’s Not When it Comes to Your Home Financing? Article
What’s Hot and What’s Not When it Comes to Your Home Financing? What’s hot? Getting pre-approved for a mortgage from your local lender.What’s not? Waiting until you’ve put an offer in on a home to get pre-approved. A pre-approval will help you d...
St. Patrick's Day Cheddar Chive Shamrock Scones Article
St. Patrick's Day Cheddar Chive Shamrock SconesCelebrate St. Patrick's Day with these savory Shamrock scones!INGREDIENTS:3 cups all-purpose flour, plus more for dusting1 tbsp. baking powder2 tsp. kosher salt4 oz. extra-sharp white cheddar, grate...
Bright and Delicious Lemon Buttercream Cupcakes Article
Bright and Delicious Lemon Buttercream CupcakesWelcome sunny days and spring weather with these bright and tasty lemon buttercream cupcakes, a perfect Easter recipe. LEMON CUPCAKES • 3 cups self-rising flour•&nbs...
Fall Foliage Guide Article
Fall Foliage Guide It’s officially Fall- although it might feel like it quite yet. There is little that can compare to the beauty of the leaves changing colors each Fall. Curious to know when the leaves will change color near you? Here’s a state-by-s...
Fall home maintenance tips Article
Fall home maintenance tipsIt’s that time of year again! Fall is the perfect time to knock out some house and yard projects, while the weather cools down and the days aren’t quite as short as they will be in the wintertime.Outside: Clear y...