Exclusive Lender Credit from TowneBank

Exclusive Lender Credit from TowneBank

Unlock Homeownership with Towne Home Advantage


Towne Home Advantage provides qualified buyers up to 1% in closing cost assistance, up to $2,500. 
Eligibility & Guidelines:
  • Primary residence only
  • No first-time buyer requirement
  • Minimum 3% down payment required
  • Income limits apply
  • Must complete homebuyer education course
  • For conventional loans only
  • Available for the following cities and counties:
    • North Carolina: Camden, Currituck, Franklin, Guilford, Johnston, Pitt, Wake
    • Virginia: Chesapeake, Franklin, Gloucester, Hampton, Isle of Wight, James City, Mathews, Newport News, Norfolk, Poquoson, Portsmouth, Southampton, Suffolk, Virginia Beach, Williamsburg, York
 
Funds are available to qualified buyers on a first-come, first-served basis until June 1, 2024 or until they run out, so it’s important to start the conversation now. Contact us today to get started!
 

 
Program requires household income at or below 80% of area median income. *1% lender credit is based on up to 1% of your total loan amount and not to exceed $2,500. To be used toward closing costs and redeemed upon settlement. Program availability runs from February 1, 2024- June 1, 2024. Funds are limited and are provided on a first come, first served basis for qualified buyers. This offer is subject to terms and conditions, and it may not be used to prepay items or reoccurring costs, such as property taxes and insurance. Approvals are subject to underwriting and program guidelines based on eligibility. Cannot be used with additional lender credits, offers or down payment assistance programs, including but not limited to programs provided by Virginia Housing and North Carolina Housing Finance Agency. Offer may be discontinued without notice.

TowneBank Mortgage Member FDIC