Whether you are a first-time home buyer, or thinking about a refinance, River Valley Credit Union’s mortgage experts will help you #DreamBIG.
While Conventional Mortgages are the most common choice, there are other options that could be a better fit. Talk to our mortgage experts to see if a VA, FHA, USDA, Land or Construction loan is more beneficial for you.
Ideal for renovations, debt consolidation or large purchases. 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.
Speak to one of our Mortgage Experts! They can answer your questions and help you every step of the way!
Home Equity Line of Credit ($10,000 min)
|Type||APR*as low as|
|$24,999 or less||Prime + 0.5%|
|$25,000 +||Prime + 0.0%|
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.
Fees: Appraisal fees range from $300-$325; Title fees: $95