AS OF 04/01/2024, WE HAVE MOVED TO A NEW CORPORATE OFFICE AT 888 W. BIG BEAVER RD., SUITE 310, TROY, MI 48084
× SOLUTIONS Delegated Correspondent Mini Correspondent Traditional Wholesale Hybrid Retail Sub-Servicing PRODUCTS Conventional FHA FHA 203K - Standard/Limited FNMA - HomeStyle / High Balance HomeOne HomeReady & Home Possible Manufactured Housing RefiNow / RefiPossible Towne Flex Jumbo1 Towne Flex-Non QM USDA/Streamline/Assist VA TEAM TPO Sales Team Corporate Leadership TRAINING NEWS COMMUNITY ABOUT US
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Solutions Products Team Training News Community About Us

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

Conventional


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

    • FHA



  • Low down payment required
  • Allows seller to pay up to 6% of closing costs

    • FHA 203K -
    Standard / Limited *

    * 203K loans are not available in the State of Nevada


  • Low down payment options
  • Flexible credit guidelines
  • Ability to finance whole home remodel

    • FNMA HomeStyle
    / High Balance **

    ** FNMA HomeStyle is not available in the State of Nevada


  • Low down payment options
  • Ability to finance home purchase / refinance and remodel into one loan
  • Second Homes and Investment properties are eligible

    • HomeOne



  • No Income Limits
  • Low down payment option
  • Purchase or No Cash-out Refinance

    • HomeReady
    & Home Possible


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

    • Manufactured
    Housing



  • Affordability
  • Single and multi-width
  • Available for traditional and government insured loans

    • RefiNow
    / RefiPossible



  • Loan must be securitized by Fannie Mae or Freddie Mac
  • Interest rate reduction programs designed especially for lower income borrowers

    • Towne Flex Jumbo1



  • Owner occupied, second home and investment properties eligible
  • No M.I.
  • First time homeowners eligible for a loan amount up to 2M
  • Purchase, (no) cash-out and refinance options available
  • Loan amounts up to 3M

    • Towne Flex-Non QM



  • Flexible solutions for investment properties, second homes and high balance loans
  • Underwritten in-house by Towne Mortgage
  • Based on DU and LP Findings

    • USDA/
    Streamline/Assist



  • 0% down payment requirement
  • Low monthly private mortgage insurance
  • Flexible credit guidelines
  • Sreamline Assist guidelines allowed

    • VA



  • 0% down payment required
  • No monthly mortgage insurance
  • Competitive interest rates

    • Continuous Growth

    We are excited to introduce new product offerings to your clients!

    Conventional
    FHA

    FHA 203K - Standard/Limited

    FNMA HomeStyle
    / High Balance

    HomeOne

    HomeReady &
    Home Possible

    Manufactured
    Housing

    RefiNow
    / RefiPossible

    Towne Flex
    Jumbo1

    Towne Flex
    Non QM

    USDA/
    Streamline/
    Assist

    VA

    Conventional




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

    • FHA




  • Low down payment required
  • Allows seller to pay up to 6% of closing costs

    • FHA 203K - Standard/Limited *




  • Low down payment options
  • Flexible credit guidelines
  • Ability to finance whole home remodel

    • FNMA HomeStyle
    / High Balance *




  • Low down payment options
  • Ability to finance home purchase / refinance and remodel into one loan
  • Second Homes and Investment properties are eligible

    • HomeOne




  • No Income Limits
  • Low down payment option
  • Purchase or No Cash-out Refinance

    • HomeReady & Home Possible




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

    • Manufactured Housing




  • Affordability
  • Single and multi-width
  • Available for traditional and government insured loans

    • RefiNow
    / RefiPossible




  • Loan must be securitized by Fannie Mae or Freddie Mac
  • Interest rate reduction programs designed especially for lower income borrowers

    • Towne Flex
    Jumbo1




  • Owner occupied, second home and investment properties eligible
  • No M.I.
  • First time homeowners eligible for a loan amount up to 2M
  • Purchase, (no) cash-out and refinance options available
  • Loan amounts up to 3M

    • Towne Flex
    Non QM




  • Flexible solutions for investment properties, second homes and high balance loans
  • Underwritten in-house by Towne Mortgage
  • Based on DU and LP Findings

    • USDA/
    Streamline/Assist




  • 0% down payment requirement
  • Low monthly private mortgage insurance
  • Flexible credit guidelines
  • Sreamline Assist guidelines allowed

    • VA




  • 0% down payment required
  • No monthly mortgage insurance
  • Competitive interest rates