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Conventional

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Conventional

Perfect for almost any borrower
HIGHLIGHTS
  • Up to 97 % financing of your loan

  • Stable rate and principle payments

  • Easy-to-understand loan terms

  • Competitive interest rates

  • Locks interest rate for the life

  • 15 or 30 year terms

Ideal for almost any borrower

Our most popular loan, with competitive interest rates on fixed-and adjustable-rate terms. The conventional loan is ideal for borrowers with established credit and often offers a lower interest rate and Annual Percentage Rate (APR) than other types of fixed-rate loans. Conventional loans may require less documentation than FHA loans or VA loans, which could speed up the overall processing time. It's also is available for refinancing your existing mortgage, with 15- and 20-year options especially popular when refinancing.

Ready to take the next step?

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WANT US TO REACH OUT?

Our local loan officers are always happy to provide advice or answer any questions you may have on the homebuying process.

Conventional

FHA

Jumbo

USDA

VA Loan

TowneBank Mortgage
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TowneBank Mortgage is your hometown mortgage company. As a division of TowneBank, we uphold the principles and philosophies that have been established by our hometown traditions. TowneBank Mortgage is dedicated to providing the personal experience that you expect from a hometown lender with the most advanced technology available to offer affordable loans, quick processing and exceptional service.
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  • NMLS # 512138

Equal Housing Lender

NOTICE TO CONSUMERS REGARDING MARYLAND LENDER LICENSEES: TowneBank Mortgage is licensed to engage in business as a Maryland Mortgage Lender and assigned a unique NMLS identifier number: 512138. The NMLS Consumer Access Website is linked here: https://www.nmlsconsumeraccess.org/

Links and content are being provided for informational purposes only. TowneBank Mortgage has no control over any other website and is not able to endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on any site other than this one. This is not a commitment to lend.

© 2023 TowneBank Mortgage. All Rights Reserved. 3 Commercial Place, Suite 1200, Norfolk, VA 23510. Phone: (888) 637-1321
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