10 or 15 Year Term Loans

For questions, current rates or to apply for a real estate loan, please call the Real Estate Department at (209) 549-8511 or toll free at (877) 549-4567 option 8.

Click here for current rates

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Purchase and Refinance

 Conventional Loans with 10 or 15 year terms 

• Owner-occupied, rental properties, condos, and modular homes
• Modular Home must be on permanent foundation
• Fixed and adjustable rates
• Non-Owner Occupied - financing up to 75% loan to value (.50 added to Owner-Occupied rate)
• Interest only options available on some products

Jumbo Loans with 10 or 15 year terms

• Loan amounts exceeding $417,000
• Owner-occupied and non-income producing second homes
• Fixed and adjustable rates
• Up to 95% loan to value on owner-occupied

Home Equity and Home Improvement Loans

Tap into the equity in your home without high loan rates. Use the funds for any purpose including home improvements, family vacations, college tuition, a new vehicle or for consolidation of your bills.

Home Equity Lines of Credit (Variable Rate)

You can use funds from a Valley First home equity line of credit for any purpose, plus you may save money on taxes too! We offer two types of home equity lines of credit: Equity Advantage and Equity Plus. Both lines of credit enjoy the following features:

• Minimum loan amount of $10,000
• Maximum loan amount of $250,000
• $75 Annual Fee, waived with average balance of over $25,000.00
• Low Start Rates
• Low cap - 5% above start rate
• No Draw Fee
• Ten year draw period, with a 15-year term
• Online Access
• No Pre-Payment Penalty
• Minimum draw $100
• Interest may be tax deductible (consult your tax advisor)
• Payment calculated at 1.5% of outstanding balance and due first of the month

Equity Advantage 

• Prime plus a minimum of one-half percent variable rate*
• Rate is determined by credit history and total loan to value
• Owner-Occupied: Up to 80% combined loan to value
• Non-Owner Occupied: Up to 65% combined loan to value
• A minimum $500 processing fee applies, subject to credit score & property type, and can be paid up front or included in loan amount
• An additional escrow fee may apply when an existing lien is paid

Equity Plus 

• Prime minus 0.10% variable rate*
• No processing fee
• Non-Owner Occupied: Up to 65% combined loan to value
• Additional escrow fee may apply when an existing lien is paid
• Minimal closing costs may apply, subject to credit score and property type, and can be paid up front or included in your loan

*Variable interest rate is based on the highest commercial prime rate correctly published in the Wall Street Journal, Western Edition, on the last business day of the month. Loan is subject to credit score and property type.
NMLS ID 508819     NMLS ID 252939