TowneBank

Review, Rates and contact information

About

Established in 1999, TowneBank was founded on the principles of strong relationships, excellent service, and the expertise of respected bankers in each market served. With a commitment to enriching lives, TowneBank offers a comprehensive range of banking and financial services. Operating in 50 banking offices across Hampton Roads, Central Virginia, and Northeastern and Central North Carolina, TowneBank actively contributes to the social, cultural, and economic growth of each community. The bank prioritizes local leadership, providing personalized attention and expertise through experienced local bankers empowered to make decisions that contribute to the success of each member.

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Offered Loan Program Types

Property Types

Loan Amount

$150K - $15M

Time to close

30-60 days

Primary Areas Served

NC

Max LTV

70%

Origination Fee

1%

Specialty

Storage, Mixed-use, Warehouse

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

12/7/2023
$173,600
Single Family Residence
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Loan date

12/7/2023

Loan Amount

$173,600

Property Subtype

Single Family Residence

Address

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11/28/2023
$805,335
Single Family Residence
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Loan date

11/28/2023

Loan Amount

$805,335

Property Subtype

Single Family Residence

Address

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11/21/2023
$500,000
Single Family Residence
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Loan date

11/21/2023

Loan Amount

$500,000

Property Subtype

Single Family Residence

Address

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11/9/2023
$1,610,000
Single Family Residence
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Loan date

11/9/2023

Loan Amount

$1,610,000

Property Subtype

Single Family Residence

Address

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11/9/2023
$92,500
Residential Condo
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Loan date

11/9/2023

Loan Amount

$92,500

Property Subtype

Residential Condo

Address

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11/3/2023
$2,249,000
Single Family Residence
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Loan date

11/3/2023

Loan Amount

$2,249,000

Property Subtype

Single Family Residence

Address

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11/3/2023
$2,000,000
Multi-Family
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Loan date

11/3/2023

Loan Amount

$2,000,000

Property Subtype

Multi-Family

Address

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11/3/2023
$2,000,000
Retail
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Loan date

11/3/2023

Loan Amount

$2,000,000

Property Subtype

Retail

Address

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11/3/2023
$2,000,000
Office
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Loan date

11/3/2023

Loan Amount

$2,000,000

Property Subtype

Office

Address

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11/3/2023
$2,000,000
Multi-Family
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Loan date

11/3/2023

Loan Amount

$2,000,000

Property Subtype

Multi-Family

Address

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11/1/2023
$1,875,000
General Commercial
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Loan date

11/1/2023

Loan Amount

$1,875,000

Property Subtype

General Commercial

Address

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10/24/2023
$200,000
Office
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Loan date

10/24/2023

Loan Amount

$200,000

Property Subtype

Office

Address

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10/23/2023
$303,000
Single Family Residence
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Loan date

10/23/2023

Loan Amount

$303,000

Property Subtype

Single Family Residence

Address

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