What is the Talk Around Towne?

FHFA Announces Increased Loan Limits for 2019

Beginning in 2019, the Federal Housing Finance Agency will raise the amount that home buyers can borrow on conforming loans to $484,350, up from the current limit of $453,100. That means homebuyers can borrow up to $31,250 more toward their home purchase without having to qualify for a Jumbo Mortgage. So, what are some of the benefits of a conforming loan? Often have less strict qualifications Often have a lower interest rate Can put as little [...]

November 27th, 2018|

Financial Fitness Tips for the 2019 Homebuyer

Just like getting into top physical shape, getting into homebuying shape takes time and determination. The best strategy to prepare: get organized and create a plan that will help you improve your financial fitness over time. It won’t happen overnight, but if you’re goal is to purchase a home in the new year, it’s never too early to get started. Here to coach you through the homebuying fitness plan is TowneBank Mortgage Loan Officer Sydney Comisky. [...]

November 21st, 2018|

Credit do’s and don’ts: Holiday edition

‘Tis the season to shop til you drop! With blow out deals and gifts galore, you might be tempted to put it all on the credit card this holiday season. But before you swipe and land yourself on the naughty list, consider how your shopping habits could affect your credit score. Keep your credit in check with these tips: Don’t max out your credit. Credit utilization—or the amount of money you spend compared to your available [...]

November 19th, 2018|

Deck Your Halls: Home Decorating Tips

Whether you're hosting or just looking to get into the holiday spirit, it’s always fun to make your home feel warm and festive. Its always smart to save on for sale items in store or online. The best deals are right before Christmas, or even the days right after Christmas if you want to get an early start on next year’s decorations.Here are a few more tips to make your home magical for the holidays, while [...]

November 16th, 2018|

Holiday treats from our family to yours

No matter how you celebrate, chances are that food will be part of the tradition. Here are a few tried-and-true dessert recipes from our TowneBank Mortgage family to yours. No-Bake Christmas Tree Cookies Ingredients: 1/2 cup butter 2 cups powdered sugar 3 tbsp. milk 3 cups coconut, sweetened 1/2 tsp. vanilla or mint extract Green food coloring 3/4 cup white chocolate chips 1 tsp. butter 1 tbsp. milk Mini M&M’s Recipe from Michelle ArseneaultTowneBank Mortgage, Virginia Beach [...]

November 16th, 2018|


Work Hard, Play HardRewarding top quality work and excellence in production is part of our culture. Our Chairman's Club, hosted in the spring every year, is one no one wants to miss. It's an opportunity for us to celebrate our top loan officers and all they have achieved in the past year. For a few days, they take a break from the daily grind and enjoy beautiful beaches, once in a lifetime experiences and extravagant dinners. [...]

October 30th, 2018|


At TowneBank Mortgage, we believe that the more we can support our sales team through innovative technology and marketing, the more loan officers will be able to grow their personal brands, strengthen partnerships and feel more confident in their plan for growth and success in their own career paths. Our marketing team works with loan officers to create strategies and offer resources that make an impact in their local communities. Some of our marketing resources include: Towne [...]

October 30th, 2018|


At Towne, we understand that no borrower is the same. It's our vision to think outside the box and provide the best products to match the unique needs of each individual. Our customer journey allows for the borrow to do business exactly the way they want, from application to closing.Learn more about our customer experience: Download the Mortgage Mobile App- check out our mobile mortgage application and easy-to-use mortgage calculators. Click here to download! Visit our [...]

October 29th, 2018|


Who is Towne? Throughout the mortgage process, our customers interact regularly with their loan officer for updates and information about their loan and to answer any questions that come up throughout the process. But behind that loan officer is a support system that's working tirelessly to enhance the overall experience for each and every one of our customers and partners, as well as keep your loans on track, and get you to closing as quickly as [...]

October 26th, 2018|

4 Reasons to Use a Local Lender

When you’re searching for a mortgage, it can be difficult to know where to start. As a modern-day consumer, you’re probably starting your search online, and you’ve researched various options and companies for your home loan. While there will be several factors lead to your decision—the most important factor should be the level of customer service provided throughout the mortgage process, says Laura Cooper, President of Towne First Mortgage in Richmond, Virginia. “When you’re getting a [...]

October 16th, 2018|

TowneBank Provides $200,000 in Grants for Florence Relief

TowneBank, which has banking, insurance, mortgage and other operations from the Outer Banks to Charlotte, North Carolina, has provided $200,000 in emergency assistance to three key entities working to help residents impacted by Tropical Storm Florence. They are: North Carolina Governor’s Relief Fund ($100,000) American Red Cross – Eastern North Carolina Chapter  ($50,000) Food Bank of Central and Eastern North Carolina ($50,000) “We are fortunate that our company is able to quickly respond with funding to [...]

October 3rd, 2018|

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