What is the Talk Around Towne?

A Guide to Getting your Home into Selling Shape

  We’ve finally turned the corner on Winter, which means longer and warms days are ahead. It also means it’s the busiest season of the year for buying and selling homes. Are you thinking about putting your home on the market? When it comes to selling your home, it can be overwhelming just thinking about where to start. But there’s no need to panic. We’ve put together a Home Seller’s guide to help you get your [...]

February 20th, 2019|

5 Reasons to Check Your Credit Annually

March is Credit Education Month, and while 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-being. Your credit can affect where you can live, what jobs you’re eligible for, how much money you can borrow, the interest rate you will pay, and might even have an effect on aspects of [...]

February 20th, 2019|

Your Guide to New Tax Law Changes

With the new Tax Law (TCJA) or Tax Cuts and Jobs Act, millions of Taxpayers are wondering which tax breaks they will still be able to use in 2018, and which ones have been eliminated. To help answer some of these questions, Chris Bufis, Loan Officer with NewTowne Mortgage in Norfolk, created a guide to help taxpayers understand how they will be affected by the new tax law. 2018 Federal Income Tax Bracket This will affect [...]

February 20th, 2019|

Home Décor Fit for a President

One of the best benefits of homeownership is the ability to put your own personal touch on your home by decorating or renovating it however you want. While the Presidents and First Ladies of the U.S. don’t technically own the White house while living there, they are given the freedom by Congress to renovate, decorate or maintain the living quarters however they see fit. In honor of President’s Day, here are some fun facts about how [...]

January 31st, 2019|

Cut your Bills with these Energy Saving Tips

In the New Year, many of us are setting resolutions to save money, or be friendlier to the environment. One great way to do both is to cut down on your energy usage. But with temperatures dropping below freezing, it can be hard to cut down on your usage without feeling the effects. In honor of National Cut your Energy Costs day, here are a few low hassle ways to cut down on your energy costs [...]

January 22nd, 2019|

Home Sweet Home Loans

“Choose a job you love, and you will never have to work a day in your life” -Confucious Love is in the air this Valentine’s Day, and we’re celebrating our one true love—the mortgage industry. It may sound cheesy, but we love that we have the opportunity to help thousands of home buyers each year, and we’re proud to provide the secure financing they need to purchase their dream homes! Although going through the mortgage process [...]

January 17th, 2019|

Before Kick Off, You Can Cook Off

How will you be watching the game this year? No matter where you are, it’s likely that you’ll be surrounded by friends, fans and food! Every year before kickoff, our TowneBank Mortgage team gets together for the Annual Chili Cookoff. The competition gets pretty heated, and not just because the chili is spicy, and we’ve got talented chefs creating recipes too good not to share. Whether you enjoy it with cornbread, rice, noodles, or even serve [...]

January 17th, 2019|

Get Your Mortgage at the Speed of Life

When you’re going through the homebuying process, you want a lender that can work at the “speed of life.” That means technology and communication that allow you to easily apply for a mortgage anytime, anywhere, and alerts that keep you constantly updated on the status of your loan throughout the process. That’s why we created our TowneBank Mortgage Mobile app, available in the Android and Apple App Store. With our app, you’ll have access to state-of-the-art [...]

January 17th, 2019|

Could You Qualify for Downpayment Assistance?

Are you having trouble saving up enough money for a downpayment? You're not alone. In fact, saving for a down payment is the largest obstacle to homeownership, according to a recent Zillow Housing Aspirations Report. While there are several mortgage programs available that offer little or 0% down such as the no money down USDA Loan, no money down VA loan, or the 3.5 percent down FHA Loan, saving up for all the costs associated with [...]

December 28th, 2018|

Realtor’s Guide to Crushing your 2019 Resolution

Instead of piling on the ambitions from the get-go, why not try this New Year’s Resolution Monthly Challenge? Try to develop one good habit per month for the entire year, and see how it helps move your business forward! January- Get organized: Take the time to organize files and documents in your office and at home. Digitize as much as possible. Don’t forget to clean up and organize documents and files on your computer as well. It’s [...]

December 28th, 2018|

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 fluctuate? We spoke with Mario Gomez, Vice President of Capital Markets at TowneBank Mortgage, to find out. “There’s a lot of factors that could cause rates to move,” Mario said.  “Some of the main factors for long-term rate changes are inflation or [...]

December 5th, 2018|

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