309 search results for loan officer
What Determines your Mortgage Interest Rate? Article
What Determines your Mortgage Interest Rate?You might have noticed that interest rates have been advertised as “historically low” lately, and that you should secure your rate before they go up. But what exactly causes interest rates t...
What Determines your Interest Rate? Article
What Determines your Interest Rate?What determines your interest rate?While interest rates are still considered “historically low,” you might have noticed that they have been rising slowing over the past year.So, what exactly causes interest rates to...
Rent vs. Own Page
It's important to understand the benefits of owning your home. Purchasing your home can be a big commitment, but it comes with many rewards. Read more about the benefits that come with homeownership:• Never worry about an expiring lease or r...
Reasons to Become a Homeowner in 2024 Article
It’s the start of a new year, a time where most of us make our resolutions. If you’ve been thinking of purchasing your first home, why not make 2024 your year? In this article, we'll explore the various benefits of homeownership, the ...
What’s going on in the mortgage industry? Are rates at Zero? Article
What’s going on in the mortgage industry? Are rates at Zero?As many of you are aware, recently the Federal Reserve cut interest rates to near zero in an emergency effort to support the economy during the COVID-19 pandemic. You might be wondering how ...
5 Signs You’re Ready to Become a Homeowner Article
So, you're ready to stop making your landlord rich and start building equity through homeownership. But are you prepared for the responsibility that comes with owning a home? Despite what you've heard, buying isn't just a financial decisi...
15 versus a 30 year mortgage Article
When it comes to purchasing a home, most American’s opt for a 30-year mortgage, citing it as the more “affordable” loan. While the 30-year loan term might be the right fit for many Americans, the 15-year mortgage is a great option t...
4 Reasons To Work With A Local Homebuying Team Article
4 Reasons To Work With A Local Homebuying TeamWhen you’re starting the homebuying process, it can be difficult to know where to start. As a modern-day consumer, you’re probably starting your home search online and researched various options and ...
Spring homebuying tips Article
Spring homebuying tips Spring is the busiest time of year for buying and selling real estate. Between the warmer weather, the longer days and the pending summer vacation, buyers and sellers often wait until spring to shop or sell. There’s more i...
Tips to Virtually Showcase your Listing Article
Tips to Virtually Showcase your Listing Social distancing mandates have made it challenging to showcase your listing. But life doesn’t stop. People still need to buy and sell their homes, and you still have a business to run. So, if you weren’t ...
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'...
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...
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...
Check out these summer home selling tips Article
Check out these summer home selling tipsSummer is heating up and so is the summertime seller's market. If you’re thinking of selling your home this summer, check out these tips to help get you going.The first step to selling your home is selecti...
5 Reasons to Buy a Newly Built Home Article
5 Reasons to Buy a Newly Built HomeAs a homebuyer, you will make countless decisions about what you want—and don’t want—in your dream house. One decision you will make is the age of your house. Although no one can make that choice for you, here are 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...
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...
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 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...