About Ray Shanahan
When you’re making one of the biggest investments of your life, you want to work with someone you can trust. As your lender, I’ll always have your back.
Ray Shanahan has worked in the financial industry for over 30 years. For the last 17 years, he has been dedicated to mortgage banking and has witnessed the ever-changing real estate market, while continuing to help his customers navigate through the mortgage process.
Having moved several times, and a homeowner himself, Ray understands the significance of purchasing a home. Whether you are a first-time homebuyer, purchasing a vacation home or an investment property, or are interested in refinancing your current mortgage, Ray has the experience to work with you throughout the entire process. He also understands the urgency that can sometimes be necessary when looking to purchase a home, so he makes himself available to work with you seven days a week.
Using his financial experience to best serve you, Ray has developed an outstanding knowledge of mortgage products including VA, FHA, USDA, Conventional and Jumbo programs. He has the knowledge to help structure a mortgage that will best suit you and your family’s needs in an honest and professional manner. Ray has the experience, market awareness and dedication to help you obtain financing for your next real estate transaction.
Ray and his family live in Union County, North Carolina, which is about 18 miles outside the wonderful city of Charlotte. He has been married for twenty years and is the proud father of two children, both graduates of UNC Chapel Hill. He is also a decorated veteran of the United States Army.
Ray loves what he does and looks forward to working with you soon!
As experienced lenders, Team Shanahan is available to guide you through the home financing process. Whether you are purchasing your first home, an investment home, refinancing or just need mortgage advice, Team Shanahan can help.
Team Shanahan
As experienced lenders, Team Shanahan is available to guide you through the home financing process. Whether you are purchasing your first home, an investment home, refinancing or just need mortgage advice, Team Shanahan can help.

Why Choose Ray Shanahan?
★★★★★
"Ray Shanahan is exceptionally knowledgeable and responsive to any and all questions always taking the time to explain every requirement in connection with application process as well as closing loan. Each member of his staff was equally responsive, professional and courteous. They were extremely patient and helpful in walking us through the digital execution of documents as well as transmitting required documentation digitally. Without the assistance of Mr Shanahan and his staff the entire loan application process and closing on home purchase would have been very difficult. Can’t praise and thank them enough. I can wholeheartedly recommend Ray Shanahan."
-Eugene R S | January 7th, 2023
★★★★★
"Ray Shanahan was amazing! He literally made this home buying experience more enjoyable than what we could even imagine. He walked us through everything and was extremely patient with us and our MANY questions. I would proudly recommend Ray and Towne Bank Mortgage. Wouldn’t have been able to close on my beautiful home without this help! Thanks Ray and Justin for everything you both were a huge blessing to us during this hectic time!"
-Courtney D S | December 14th, 2022
★★★★★
"The Shanahan team was outstanding to work with. They went above and beyond in every aspect. They also held true to their promises and provided an excellent experience with an even better outcome. Extremely happy I chose to work with this team and TowneBank Mortgage. I look forward to working together in the future!"
-Kyle D S | November 11th, 2022
Awards
Chairman's Club:
Top 1% of Originators in America
Scotsman Guide Top Originator
Top Producers – Ranked #87 in the Country- National Mortgage News



Client Tools
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Our calculator tool helps your better understand your budget and home eligibility by giving you an estimated monthly payment based on purchase price, current loan rates, and loan terms.
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- *Estimated, not including taxes and insurance.
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Our professionals are ready to assist you with a personalized estimate, tailored to your specific wants, needs and situation when you're ready. Let us help you finance with confidence.
* The figures shown are estimates and are subject to change based on a more thorough review of your needs, choices, and credit history. The payments shown do not include other expenses you will incur as a homeowner; such as taxes and insurance. For an even more accurate quote, contact a loan officer.
Contact Ray Shanahan
Whether you're in need of a mortgage or simply looking for advice, I'm happy to help. Let's connect!
Areas Ray Serves
I’m available for all your mortgage needs in the following states: