42 search results for conventional loans
Chris Busching Contact
National Renovation Manager
What is an Assumable Mortgage? Article
What Is an Assumable Mortgage?An assumable mortgage is a type of home loan that allows a buyer to take over the existing mortgage from the seller. This means that the buyer essentially steps into the shoes of the seller and assumes responsibility for...
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Inspired by our hometown roots, we’re committed to providing our borrowers with a personalized mortgage experience. From pre-qualification to the closing table, our loan officers are dedicated to ensuring that you’re comfortable and confi...
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Our Commitment to YouTowneBank Mortgage, a division of TowneBank, values you as a member and recognizes the importance of protecting your financial information. We are committed to protecting the privacy, confidentiality and security of your financia...
What Are Renovation Loans? Page
A renovation loan is a type of financing that helps pay for home repairs, upgrades, or additions. Instead of covering only the purchase price, it can include the cost of improvements like a new roof, kitchen remodel, or energy-efficient windows. For ...
New Change to Mortgage Fee Structure Article
The Loan Level Price Adjustment (LLPA) fee structure has been updated recently and is now in effect for all loans purchases on or after May 1, 2023. You may have heard about it in the news. What is a Loan Level Price Adjustment? According...
Seller Concessions: What can a seller contribute to their home sale? Article
What is a seller concession? Buyers can request that the seller contribute to some of their out-of-pocket costs when submitting an offer on a home. If agreed upon, this is referred to as a seller concession. Why would a seller make concessions?...
DID YOU KNOW - A 20% Down Payment is Not Required to Buy a Home Article
Coming up with enough cash for a down payment is one of the most common struggles among first-time buyers. However, in most cases, you don’t need to put 20% down on a home – especially your first home! So how much do you need to put down?...
Mortgage 101: Key Questions to Ask Your Loan Officer Article
Embarking on the journey to homeownership can be overwhelming, especially when it comes to understanding mortgages. To help you make confident, well-informed decisions, we've compiled mortgage 101: key questions to ask your loan officer. Grasping...
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Mortgage Pre-qualification Page
Whether 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 needed. That's why we put together th...
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...
Unlock Big Savings in Your First Year of Homeownership with KickSTART Article
What if you could significantly reduce your mortgage payments during your first year of homeownership? Discover how our KickSTART program makes it possible.Here's the simple, powerful idea: With the KickSTART 1-0 lender paid buydown program, your...
Cash-out Refinance Page
Looking to make some needed home improvements, add a pool in the backyard, pay for tuition, or take that out-of-country dream trip?Depending on your current situation, accessing money from your home's equity in a cash-out refinance could be a val...