298 search results for loan officer
Fall into Savings: Benefits of Buying this Fall Article
Spring is widely known as the most popular time to go house hunting, but that doesn’t mean it is the only good time to purchase a home. Here are a few expert insights on why buying a home in the Fall can be beneficial for you and your family. S...
Building Equity with Home Renovations Article
What’s on your to-do list this summer? If you have a home improvement project in the works, it could actually pay off in the long run. For example, if your kitchen has appliances and cabinets from the 1980s, you could find that your home...
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...
Reasons to Use a Local Lender Article
Reasons to Use a Local LenderWhen you’re searching for a mortgage, it can be difficult to know where to start. Your biggest investment should be an exceptional experience. So why not choose exceptional service? Right now, it’s more impor...
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...
What Are Closing Costs and Why Do You Pay Them? Article
What Are Closing Costs and Why Do You Pay Them?Most first-time buyers walk into the mortgage process knowing that they’ll be making a downpayment on their home purchase. But if you’re buying or refinancing a house, you need to be prepared to pay “clo...
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
Refinance Loan Product
Lower your interest rate for reduced monthly paymentsPut the equity in your home toward good useRemove costly Private Mortgage InsuranceShorten your loan term for faster payoffFund home renovationsConvert an adjustable-rate-mortgage to a fixed-rate m...
Reasons to Refinance Page
Are you ready to refinance your mortgage? Depending on your current situation, refinancing could be used as a valuable tool to help you achieve your short or long-term financial goals.What does it mean to refinance?When you refinance your mortgage, y...
Big Little Lies on your Mortgage Application Article
If you’re like the majority of home buyers in America, you’ll need to take out a mortgage to purchase your next home. Honesty is always the best policy when it comes to applying for a mortgage. Not everyone has a perfect past when it come...
Reverse Mortgage Page
A Reverse Mortgage is a loan that allows a Senior Homeowner to access the cash equity in their home to be used for anything, such as paying for medical needs, daily living expenses, home repairs, travel or simply enhances the quality of their retirem...
Preparing for Homeownership Article
Buying a home is a huge milestone, and it’s important to prepare before you dive in headfirst. After all, this is likely the largest investment that you will ever make. The more prepared you are, the more confident you’ll feel in your hom...
Cash-out Refinance Page
Looking to make some needed home improvements, add a pool in the backyard, pay for tuition, or take that out-of-country dream trip?Depending on your current situation, accessing money from your home's equity in a cash-out refinance could be a val...
Eight Tips for Buying Your First Home Article
Check your creditA homebuyer’s credit score is a crucial factor when it comes to qualifying for a loan. Before starting the mortgage process, scour your credit reports for mistakes, unpaid accounts or collection accounts. If you find a mistake,...
Don't Let These Homebuying Fears Haunt You Article
Don't Let These Homebuying Fears Haunt YouAre home buying nightmares stopping you from purchasing a home? If so, then we have good news for you. Most first-time homebuyer fears are unfounded and completely avoidable with the guidance of a trusted...
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?...
Could you Benefit from a Refinance? Article
Could you Benefit from a Refinance? Are you ready to refinance your mortgage? Depending on your current situation, refinancing could be used as a valuable tool to help you achieve your short or long-term financial goals.What does it mean to refinance...
7 Reasons to Become a Homeowner in 2021 Article
7 Reasons to Become a Homeowner in 2021At last, 2020 is over. It’s the start of a new year, and it’s time to make your resolutions. If you’ve been thinking of purchasing your first home, why not make 2021 your year? Here are seven...
5 Reasons to Check Your Credit Annually Article
5 Reasons to Check Your Credit AnnuallyWhile credit isn’t always the most exciting topic to talk about, it’s important to understand where you stand with your credit history. After all, your credit has a huge impact on your financial future and well-...
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.