Bank
Townebank Mortgage
TowneBank Mortgage is the mortgage lending division of TowneBank, a full-service bank primarily serving the Virginia and North Carolina regions. It offers various mortgage products as part of a comprehensive suite of financial services.
Key Statistics
As of December 2025, public records show Townebank Mortgage has originated approximately $1.8B in loan volume over the past 12 months, with an average loan size of $317k.
Volume (12mo)
$1.8B
Avg Loan Size
$317k
Total Mortgages
102,855
Total Borrowers
10,525
Lending Entities
Townebank Mortgage funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
86,517 mortgages recorded
7,924 mortgages recorded
4,501 mortgages recorded
2,990 mortgages recorded
+15 more not shown
Geography
Townebank Mortgage's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 1,567
Volume (12mo): $607.4M
Total Volume: $9.3B
Mortgages (12mo): 1,235
Volume (12mo): $520.0M
Total Volume: $6.9B
Mortgages (12mo): 1,135
Volume (12mo): $484.1M
Total Volume: $14.3B
Top Borrowers
The following individuals have the most recorded mortgage transactions with Townebank Mortgage. Click on a borrower to view their full investor profile.
+10,522 more not shown
FAQ
What type of lender is Townebank Mortgage?
Townebank Mortgage is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (0%) and personal loans in their portfolio.
What entities does Townebank Mortgage fund loans under?
Townebank Mortgage originates mortgages through 19 different lending entities. The most common include Townebank Mortgage, Newtowne Mortgage, and Towne Bank Mortgage. These are the legal entity names that appear on recorded mortgage documents.
Where is Townebank Mortgage most active?
Based on recorded mortgages, Townebank Mortgage is most active in Maryland, North Carolina, and Virginia.
How many loans has Townebank Mortgage originated?
Public records show 102,855 mortgages recorded for Townebank Mortgage, with $1.8B in volume over the past 12 months.
What is the average loan size for Townebank Mortgage?
The average mortgage size for Townebank Mortgage is $317k based on all recorded mortgages.
Does Townebank Mortgage offer short-term loans?
Townebank Mortgage primarily offers long-term financing, with only 1% 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.