HomeTown Mortgage
At HomeTown Bank, we understand that buying a home is one of the most important financial decisions you'll ever make.
That's why our experienced mortgage specialists are committed to guiding you through every step of the process, from application to closing. We offer competitive rates, flexible terms, and personalized service to help you find the right mortgage solution for your needs.
Whether you're a first-time homebuyer, looking to refinance, or building your dream home, we're here to help make your homeownership dreams a reality.
Mortgage Products
Conventional Mortgages
Our conventional mortgage loans offer competitive rates and flexible terms to fit your budget and lifestyle.
- Fixed and adjustable rate options
- Terms from 10 to 30 years
- Low down payment options available
- Financing for primary residences, second homes, and investment properties
FHA Loans
FHA loans are ideal for first-time homebuyers or those with limited down payment funds or credit challenges.
- Down payments as low as 3.5%
- More flexible credit requirements
- Competitive interest rates
- Available for primary residences only
VA Loans
VA loans offer eligible veterans, active-duty service members, and surviving spouses excellent benefits for home purchases or refinancing.
- No down payment required in most cases
- No private mortgage insurance
- Competitive interest rates
- Flexible credit requirements
Construction Loans
Building your dream home? Our construction loans provide financing for both the construction phase and permanent mortgage.
- One-time closing for construction and permanent financing
- Interest-only payments during construction
- Flexible draw schedules
- Competitive rates and terms
Jumbo Loans
For higher-priced homes that exceed conventional loan limits, our jumbo loans offer competitive rates and flexible terms.
- Higher loan amounts for luxury or high-cost area homes
- Fixed and adjustable rate options
- Competitive interest rates
- Personalized service from application to closing
Refinancing
Refinance your current mortgage to potentially lower your rate, reduce your term, or access your home's equity.
- Rate and term refinancing
- Cash-out refinancing
- FHA and VA streamline refinancing
- Competitive rates and flexible terms
Special Mortgage Programs
Doctor Loan Program
Designed specifically for physicians, dentists, and other medical professionals, our Doctor Loan Program offers special benefits to accommodate the unique financial situation of medical professionals.
- Up to 100% financing available
- No private mortgage insurance
- Flexible debt-to-income ratios
- Student loan debt accommodations
First-Time Homebuyer Program
Our First-Time Homebuyer Program is designed to help make homeownership more accessible with special benefits and educational resources.
- Low down payment options
- Homebuyer education resources
- Potential for down payment assistance
- Personalized guidance throughout the process
Lot Loans
Planning to build in the future? Our lot loans help you secure the perfect piece of land now, with the option to build later.
- Financing for residential building lots
- Competitive rates and terms
- Can be converted to construction loans
- Local decision-making
The Mortgage Process
At HomeTown Bank, we strive to make the mortgage process as smooth and straightforward as possible. Here's what you can expect when you work with us:
Pre-Qualification
Speak with one of our mortgage specialists to get pre-qualified. This helps you understand how much home you can afford and strengthens your position when making an offer.
Application
Complete our mortgage application, either online, in person, or over the phone. We'll guide you through the required documentation.
Processing
Our team will review your application, verify your information, and order necessary services such as appraisals and title searches.
Underwriting
Our underwriters will evaluate your application and supporting documentation to make a final decision on your loan approval.
Closing
Once approved, we'll schedule a closing where you'll sign the final paperwork and receive the keys to your new home.
Meet Our Mortgage Team
Our experienced mortgage specialists are dedicated to providing personalized service and expert guidance throughout your home buying journey.
John Smith
Mortgage Loan Officer
(540) 400-8301
jsmith@hometownbankva.com
Sarah Johnson
Mortgage Loan Officer
(540) 400-8302
sjohnson@hometownbankva.com
Michael Davis
Mortgage Loan Officer
(540) 400-8303
mdavis@hometownbankva.com
Jennifer Wilson
Mortgage Loan Officer
(540) 400-8304
jwilson@hometownbankva.com
Ready to Start Your Home Buying Journey?
Our mortgage specialists are ready to help you find the right mortgage solution for your needs.