Skip to Content
Coastal Towne Mortgage
Menu
  • Find a Mortgage Pro
    • Find a Loan Officer Find a Loan Officer
    • Locations Locations
    • Apply Now Apply Now
  • Loan Products
    • Purchase Purchase
    • Refinance Refinance
    • Build Build
  • Mortgage ToolBox
    • Mortgage Calculators Mortgage Calculators
    • Mortgage 101 Mortgage 101
    • Download my Mortgage App Download my Mortgage App
  • Why Coastal
    • About Coastal Towne Mortgage About Coastal Towne Mortgage
    • Career Opportunities Career Opportunities
  • Blog
  • Contact
editApply Online
  • Build
  • Purchase
  • Refinance

Build

  • Build
  • Renovation Loans

Purchase

  • Conventional
  • FHA
  • Jumbo
  • USDA
  • VA

Refinance

  • Refinance

Conventional

FHA

Jumbo

USDA

VA

FHA

Offers low down payment and flexible credit score requirements
HIGHLIGHTS
  • As little as 3.5% down payment

  • Less than perfect credit can apply

  • Guaranteed by the Federal Housing Authority

  • Seller can pay borrower closing costs

  • Fixed rate and ARM (Adjustable Rate Mortgage) options. Payment may increase after consummation.

Popular among first-time buyers

Federal Housing Administration (FHA) loans are provided by qualified lenders but are backed by the Federal Housing Authority, allowing for more flexible lending standards. FHA loans often give first-time homebuyers the option of making a lower down payment than they would need to make if using a traditional, non-FHA insured mortgage. They are great for buyers with limited cash for a downpayment or closing costs, and they provide flexible loan qualifications.

Ready to take the next step?

CALL NOW Apply Now
$
%
$
$
$
$
$
$
  • P&I
  • Insurance
  • Taxes
  • PMI
  • HOA

WANT US TO REACH OUT?

Our local loan officers are always happy to provide advice or answer any questions you may have on the homebuying process.

Conventional

FHA

Jumbo

USDA

VA

Coastal Towne Mortgage
  • facebook
  • linkedin
  • instagram
Coastal Towne Mortgage is your local mortgage broker. As a division of TowneBank, we uphold the principles and philosophies that have been established by our hometown traditions. Coastal Towne Mortgage is dedicated to providing the personal experience that you deserve with the most advanced technology available to offer affordable loans, quick processing and exceptional service.
  • Website Accessibility
  • Privacy & Security
  • NMLS # 1752127

Equal Housing Lender

Links and content are being provided for informational purposes only. Coastal Towne Mortgage has no control over any other website and is not able to endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on any site other than this one. This is not a commitment to lend. Coastal Towne Mortgage is a mortgage broker. A broker fee may be charged for the broker service.

© 2022 Coastal Towne Mortgage. All Rights Reserved. 600 22nd street, Suite 205, Virginia Beach, VA 23451. Phone: (757) 321-8074
Back to top
Subscribe