Get to know the Mobile App during Social Distancing Article

Get to know the Mobile App during Social DistancingIf you’re in the process of purchasing or refinancing your home, you’re probably asking yourself this question: How can I practice social distancing and still accomplish my homebuying goa...

Tax Benefits of Homeownership Article

Tax Benefits of HomeownershipThe current tax code provides a number of benefits to people who own their own home.Here are a few of the benefits-Mortgage Interest Deduction If you plan to itemize your deduction, you can reduce your taxable income by...

Smooth Sailing with the Mortgage Mobile App Article

Smooth Sailing with the Mortgage Mobile AppIts no secret that apps have changed the way we complete everyday tasks; how we communicate with each other, how we work and how we play.Our Mobile Mortgage App has changed the way our customers experience t...

Manage Your Credit Score Health this Holiday Season Article

Manage Your Credit Score Health this Holiday Season‘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 t...

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 ...

Master Your Credit Score Article

Master Your Credit ScoreYou may not know the ins and outs of what makes up your credit score, but you probably know that your credit score is extremely important.Not only can you be denied a home loan if your score is too low, but poor credit could a...

Need to Establish Good Credit? Here’s How Article

Need to Establish Good Credit? Here’s HowIt’s March, which means it’s credit education month! While most of us know what a credit score is, a lot of consumers do not fully understand what factors impact your credit score. Credit sco...

Application Checklist Page

Now is the time to purchase your dream home, and start investing in your future. Use this checklist to help you keep track of the documents you will need throughout the mortgage process!Valid Driver's License or Military IDAddresses for rental or...

Partners Page

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...

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...

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...

All Categories Page

Towne Talk All CategoriesHome & LifestyleHelpful tips to enhance your home and improve your lifestyle.CareersLearn more about career options and benefits available to you at TowneBank Mortgage.MortgageHelpful tips and information on credit, inter...

Reverse Mortgage Page

A Reverse Mortgage is a loan that allows a Senior Homeowner to access the cash equity in their home to be used for anything, such as paying for medical needs, daily living expenses, home repairs, travel or simply enhances the quality of their retirem...

Here's How to Finance a Fixer Upper Article

Here's How to Finance a Fixer UpperYou’ve seen it on HGTV shows like Property Brothers or Fixer Upper—experts take an outdated home and make it into the buyer’s dream home—all at a fraction of what it costs to buy new.But is it possible to live out y...

Here's How to Qualify for a Mortgage Article

Here's How to Qualify for a MortgageWhether you're looking to buy in two months or two years, it's never too early to start preparing for the mortgage process. But it's hard to prepare when you don't know what qualifications are n...

The Not So Sunny Side of Solar Panels Article

Have you recently been approached by a sales agent for solar panels? Many solar specialists are unaware that there’s a potential correlation between solar panels and your home’s existing mortgage. You’ll want to make sure you’...

How Accurate are Mortgage Calculators? Article

Buying a home is a significant financial decision, and accurately estimating mortgage payments is crucial to ensuring affordability and financial stability. Mortgage calculators have become an essential tool in this process, offering a quick and conv...

Steps to Homeownership Page

FIRST-TIME HOMEBUYER GUIDEBuying your first home can be overwhelming. But when you have the right resources professionals by your side, buying a home is a milestone to celebrate rather than a hassle. Follow this guide to get started on the path to ho...

What is a Temporary Buydown? Article

Have you recently been home shopping? If so, you might have heard the term "temporary buydown". As a seller, you could have heard of it being utilized as a strategy to aid in the sale of your home.  There seems to be an increased inte...