North Carolina-based Towne Mortgage of the Carolinas and Coldwell Banker HPW are pleased to announce their joint venture as HPW Towne Mortgage, effective immediately.
HPW Towne Mortgage, a subsidiary of TowneBank Mortgage, provides a variety of conventional, government-insured and niche mortgage products and programs to clients throughout the Triangle-area of North Carolina and beyond. The mortgage company produced over $157 million in residential loan volume in 2017.
Under its new name, HPW Towne Mortgage will continue to focus on delivering excellent customer service while providing a hands-on approach to the home buying process. The joint venture’s collaborative business model will allow loan officers and real estate agents to serve the needs of their clients under one roof, giving them a seamless real estate experience.
“It is a tremendous privilege to represent the HPW brand, which is known as a top real estate company in the Triangle-area,” said John Day, Venture President of HPW Towne Mortgage. “Our company was established on hometown traditions, and we’re always striving to provide a personal home financing experience. It’s really exciting to be able to partner with a company that holds those same beliefs and holds their employees to the same high standards.”
Founded in 1972, Coldwell Banker Howard Perry Walston is based in Raleigh, North Carolina with additional offices in Durham, Chapel Hill, Cary, Knightdale, Garner, Mebane, and Hillsborough, North Carolina. Today, with more than 950 associates and employees, Coldwell Banker Howard Perry and Walston is the largest full-service residential real estate company in the Triangle-area.
“Having been partners with Towne Mortgage since 2009 we realize the value they bring to both HPW’s clients as well as Central North Carolina Homeowners,” said Kent Hanley, CEO of Coldwell Banker Howard Perry and Walston. “This name change only solidifies HPW and Towne’s relationship as we move forward, and we look forward to more years of a great partnership.”
