River Valley is your Mortgage Headquarters! Whether you are a first time homebuyer, planning to refinance your adjustable rate mortgage or lower your current interest rate, River Valley offers you everything you'll need to make your decision, both on-line or in person. Our experienced mortgage specialists are available to walk you through the process.
Let our mortgage specialists see if refinancing your current mortgage can save you money.
Speak to one of our Mortgage Experts! They can answer your questions and help you every step of the way!
Help Line-of-Credit is ideal for the member who needs money over a longer period of time. As you repay the balance, you can reuse your approved credit line for 10 years, then continue payments until you repay the entire balance. Closing costs apply.
|Type||APR*as low as|
|HELP Line of Credit 80% LTV||Prime + 0.0%, $25,000 min**
Prime + 0.5%, under $25,000**
Subject to credit approval and must be borrower’s primary residence. Home Equity loans are also subject to acceptable property appraisal and title search. Minimum Line of Credit amount is $10,000 to a maximum of $100,000. Minimum advance amount of $200.
*APR = Annual Percentage Rate. Rates are variable and subject to change daily.
** Prime + 0.0% APR - As of Dec 28, 2017 the Prime Rate published in the Wall Street Journal was 4.50% resulting in a rate of 4.5% for loans $25,000 and more; and 5% on loans $24,999 and less with a maximum rate of 18%. Finance charges begin to accrue when the line of credit is advanced.
Fees: Appraisal fees range from $300-$325; Title fees: $95