Application Check-list 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...

All Categories Page

HomeSale Happenings All CategoriesHome & LifestyleHelpful tips to enhance your home and improve your lifestyle.CareersLearn more about career options and benefits available to you at HomeSale Mortgage, LLC.MortgageHelpful tips and information on ...

Conventional Loan Product

Up to 97% financing of your loanStable rate and principle paymentsEasy-to-understand loan termsCompetitive interest rates15 or 30 year terms

FHA Loan Product

As little as 3.5% down paymentLess than perfect credit can applyGuaranteed by the Federal Housing AuthoritySeller can pay borrower closing costsFixed rate and ARM (Adjustable Rate Mortgage) options. Payment may increase after consummation.

VA Loan Loan Product

Available to active and retired militaryUp to 100% financing availableNo private mortgage insuranceReasonable credit qualificationsNo early payoff penalties

USDA Loan Product

Up to 100% financing availableFor moderate-income familiesFlexible credit guidelinesSeller can pay borrower closing costs

Jumbo Loan Product

Loan amounts exceeding the conventional limitsPrivate mortgage insurance not always requiredAs little as 10% downFinancing available for primary and secondary residences

Build Loan Product

Available for primary or secondary residencesJumbo financing availableInterest Only options available during constructionAs little as 5% down on primary residencesFlexible contractor options

Fixed-Rate Mortgage Page

A fixed-rate mortgage is a type of home loan for which the interest rate is set when you take out the loan and it will not change during the term of the loan.How are interest rates determined?Interest is the cost of borrowing funds from a lending ins...

Mortgage update on forbearances and eligibility restrictions Article

Mortgage update on forbearances and eligibility restrictions In response to several weeks’ worth of advocacy efforts with the GSEs and the FHFA to address concerns about financing options for borrowers in forbearance, FHFA announced that some eligibi...

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...

Loan Process Do's and Dont's Page

DOContinue making mortgage or rent paymentsStay current on all existing accountsContinue working at current employerKeep the same insurance companyContinue living at current residenceContinue to use credit as normalCall your loan officer if you have ...

VA Home Loans Page

A Veterans Affair (VA) Loan is a home loan designed to help finance homes for Veterans, eligible members of the military, and some surviving spouses. Backed by the government, the VA Loan offers flexible lending guidelines for military members, veter...

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...

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...

Partners Page

All About VA Loans Article

In 1944, the United States government created the VA home loan. The main objective, which remains today, was to assist returning service members with purchasing a home without the limitations of a down payment.What is a VA loan? VA loans are backed ...

Empty Nesters: Make Room for Adventure! Article

The time has finally come! The children have flown the nest and your home is YOUR home again. What now? The opportunity to downsize is appealing to many newfound empty nesters. Whether your goal is to declutter, reorganize, buy smaller or refinance t...

Mortgage Process Page

OUR PROCESSBuying a home is an exciting process, but can be overwhelming if you don’t know what to expect. That’s why we take the time to walk you through the home buying process, helping you make an informed decision about your purchase....

Adjustable-Rate Mortgage Page

Adjustable-Rate Mortgages (ARMs) have an interest rate that fluctuates throughout the loan's life. The initial rate is typically lower than comparable fixed-rate offerings, which can make them more appealing. However, that interest rate will...