Mortgage Banker
Towne Mortgage
Towne Mortgage Company, headquartered in Troy, Michigan, with nationwide operations, is a direct mortgage lender specializing in residential home financing for purchases and refinances, offering products like conventional, FHA, VA, and non-QM loans to support buyers in underserved communities and beyond.
Key Statistics
As of June 2026, public records show Towne Mortgage has originated approximately $1.4B in loan volume over the past 12 months, with an average loan size of $252k.
Volume (12mo)
$1.4B
Avg Loan Size
$252k
Total Mortgages
50,227
Total Borrowers
12,054
Lending Entities
Towne Mortgage funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
49,556 mortgages recorded
+17 more entities not shown
Geography
Towne Mortgage's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 729
Volume (12mo): $218.3M
Total Volume: $763.9M
Mortgages (12mo): 578
Volume (12mo): $183.5M
Total Volume: $1.4B
Mortgages (12mo): 546
Volume (12mo): $164.4M
Total Volume: $746.3M
Top Borrowers
The following individuals have the most recorded mortgage transactions with Towne Mortgage. Click on a borrower to view their full investor profile.
+12,051 more borrowers not shown
FAQ
What type of lender is Towne Mortgage?
Towne Mortgage is classified as an mortgage banker based on our research. Mortgage bankers are residential lenders that fund loans from their balance sheet or warehouse lines. They have a mix of business (1%) and personal loans in their portfolio.
What entities does Towne Mortgage fund loans under?
Towne Mortgage originates mortgages through 18 different lending entities. The most common include Towne Mortgage. These are the legal entity names that appear on recorded mortgage documents.
Where is Towne Mortgage most active?
Based on recorded mortgages, Towne Mortgage is most active in Illinois, Florida, and Texas.
How many loans has Towne Mortgage originated?
Public records show 50,227 mortgages recorded for Towne Mortgage, with $1.4B in volume over the past 12 months.
What is the average loan size for Towne Mortgage?
The average mortgage size for Towne Mortgage is $252k based on all recorded mortgages.
Does Towne Mortgage offer short-term loans?
Towne Mortgage primarily offers long-term financing, with only 0% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.