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BANKING DIVISION

We are diverse in our product offerings and innovative in what we offer to ensure quality and service in all we do.

Conventional

WHY CHOOSE CONVENTIONAL?


  • Down payment as low as 3% *
  • Income properties are eligible
  • Private mortgage insurance not required with 20% down payment or higher
  • Day 1 Certainty


    WHY CHOOSE DAY 1 CERTAINTY?


  • DU validation service
  • Property inspection waiver
  • Certainty on appraised value
  • Conv. & FHA
    Renovation

    WHY CHOOSE RENOVATION?


  • Lower down payment options
  • Income properties are eligible
  • Flexible credit guidelines
  • Ability to finance
    whole home remodel
  • USDA


    WHY CHOOSE USDA?


  • 0% down payment requirement *
  • Low monthly private mortgage insurance
  • Flexible credit guidelines
  • FNMA
    (HomeReady
    & Home Possible)

    WHY CHOOSE FNMA?


  • Down payments can be gifts
  • PMI insurance cancellable
  • Borrow up to 50% of the
    appraised value of property
  • VA


    WHY CHOOSE VA?


  • 0% down payment requirement *
  • No monthly mortgage insurance
  • Competitive interest rates
  • Premier & Elite
    Access


    WHY CHOOSE NON QM?


  • 95% LTV with no MI
  • Interest only option
  • Sources of income may include Asset Depletion Calculation &
    Restricted Stock Units
  • Jumbo


    WHY CHOOSE JUMBO?


  • Loan amounts up to $2 million
  • Low interest rate for qualified borrowers
  • Physicians


    WHY CHOOSE PHYSICIANS?


  • Minimum 720 FICO Score required
  • Future income may be considered under certain circumstances
  • Lower down payment options
  • Continuous Growth

    We are excited to introduce new product offerings to your customers! Day 1 Certainty, Home Possible, and Physicians Programs are now available in TowneFI's catalog.

    Conventional
    Day 1 Certainty
    Renovation
    USDA
    FNMA
    VA
    Non QM
    Jumbo
    Physicians

    Conventional


    WHY CHOOSE CONVENTIONAL?


  • Down payment as low as 3% *
  • Income properties are eligible
  • Private mortgage insurance not required with 20% down payment or higher
  • Day 1 Certainty


    WHY CHOOSE DAY 1 CERTAINTY?


  • DU validation service
  • Property inspection waiver
  • Certainty on appraised value
  • Conv. & FHA
    Renovation


    WHY CHOOSE RENOVATION?


  • Lower down payment options
  • Income properties are eligible
  • Flexible credit guidelines
  • Ability to finance whole home remodel
  • USDA


    WHY CHOOSE USDA?


  • 0% down payment requirement *
  • Low monthly private mortgage insurance
  • Flexible credit guidelines
  • HomeReady & Home Possible


    WHY CHOOSE FNMA?


  • Down payments can be gifts
  • PMI insurance cancellable
  • Borrow up to 50% of the appraised value of property
  • VA


    WHY CHOOSE VA?


  • 0% down payment requirement *
  • No monthly mortgage insurance
  • Competitive interest rates
  • Premier & Elite Access


    WHY CHOOSE NON QM?


  • 95% LTV with no MI
  • Interest only option
  • Sources of income may include Asset Depletion Calculation & Restricted Stock Units
  • Jumbo


    WHY CHOOSE JUMBO?


  • Loan amounts up to $2 million
  • Low interest rate for qualified borrowers
  • Physicians


    WHY CHOOSE PHYSICIANS?


  • Minimum 720 FICO Score required
  • Future income may be considered under certain circumstances
  • Lower down payment options