Conventional Loan Product

Up to 97% financing of your loanStable rate and principle paymentsEasy-to-understand loan termsCompetitive interest rates15 or 30 year terms

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...

USDA Loan Product

Up to 100% financing availableFor moderate-income familiesFlexible credit guidelinesSeller can pay borrower closing costs

Jumbo Loan Product

Loan amounts exceeding the conventional limitsPrivate mortgage insurance not always requiredAs little as 10% downFinancing available for primary and secondary residences

VA Home Loans Page

A Veterans Affair (VA) Loan is a home loan designed to help finance homes for Veterans, eligible members of the military, and some surviving spouses. Backed by the government, the VA Loan offers flexible lending guidelines for military members, veter...

Can’t Find a House that Fits Your Needs? Finance a Fixer Upper Article

In today's market, trying to find a home that fits your wants and needs may feel like trying to find a needle in a haystack. Whether the kitchen is outdated, the electricity needs updating, the bathrooms are too small, or the floor plan isn'...

Tasting Wine & Loan Design Article

Tasting Wine & Loan DesignA good wine has a smooth finish just like closing your loan with a local lender. Other similarities? Taste in wine is unique to each individual, just like your loan. No two customers are the same, just like no two vintag...

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.

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...

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...

Career Opportunities Page

When you join our team, take pride in knowing that your work positively impacts others. We offer a space where self-starters, problem solvers and entrepreneurial spirits excel. Competitive benefitsResources needed to succeedAdvanced technologyIn...

Home Improvement Projects That Are Worth the Money Article

Not only will home improvement projects improve your quality of life, but if done correctly, they can actually help to add considerable value to your home.    For example, if your kitchen that has appliances and cabinets from the 80’...

VA Loan Loan Product

Available to active and retired militaryUp to 100% financing availableNo private mortgage insuranceReasonable credit qualificationsNo early payoff penalties

Loan Process Do's and Dont's Page

DOContinue making mortgage or rent paymentsStay current on all existing accountsContinue working at current employerKeep the same insurance companyContinue living at current residenceContinue to use credit as normalCall your loan officer if you have ...

Your Ultimate Guide to Mortgage Terms Article

Your Ultimate Guide to Mortgage TermsAre you thinking about buying a home? We understand that when it comes to the mortgage process education is key. We work hard to provide each of our clients the knowledge and education they need to help guide them...

TowneBank Celebrates 20 Years of Local Lending Article

TowneBank Celebrates 20 Years of Local Lending TowneBank turns 20! That’s right—It’s been two decades since TowneBank first opened its doors to the public in 1999.We’re so thankful for your support throughout the past 20 years and we would not be her...

All Categories Page

Coastal Corner All CategoriesHome & LifestyleHelpful tips to enhance your home and improve your lifestyle.CareersLearn more about career options and benefits available to you at Coastal Towne Mortgage.MortgageHelpful tips and information on credi...

Graduating with a 5 Year Plan Article

Graduating with a 5 Year PlanAre you a college graduate living with your parents still? You’re not alone. But it’s nothing to be ashamed about—moving back home can be a great opportunity to find a job and start saving up money ...

Partners Page

Refinance Process Page

Step 1: Identify objectives – What would you like to achieve from refinancing your home? Lowering your current interest rate or gaining additional cash for home renovations, investments or life events could all be reasons to refinance.Step...