Building your dream home doesn’t have to be complicated. Our one-closing loan product and personal approach to loans makes us the ideal partner for a construction loan. Continue reading for our step-by-step guide to single-close construction loans and learn how to turn your dream home into reality. Types of Property: 1-2 family owner occupied residences…
Category Archives: Loans
09
Aug
Aug
At Wallkill Valley Federal Savings and Loan, we are committed to our customers and our community! For over 100 years we have made it our top priority to be with our customers for every step of their financial journey, whether that be building their savings or buying a home. We strive to make closing on…
01
May
May
At Wallkill Valley Federal Savings and Loan, we are committed to our customers and our community! For over 100 years we have made it our top priority to be with our customers for every step of their financial journey, whether that be building their savings or buying a home. We strive to make closing on…
10
Nov
Nov
In part one of this two-part blog series, we went over some of the top areas to prioritize when considering a mortgage refinance. While there are many reasons for refinancing your home loan, from improved rates or repayment conditions to capitalizing on equity and improving your finances, ensuring you take the right steps to reach…
13
Oct
Oct
If you’re currently paying off a mortgage loan for your home, there may be a few different reasons you’re considering a mortgage refinance. Many do this to achieve a lower payment or more favorable loan terms, while others look to take advantage of their equity in some way during a refinance period, including improving struggling…
30
Oct
Oct
Make the most of your Home’s Equity Financial gurus will tell you, that one of the best ways to build wealth is to invest in real estate. For most of us, the home you live in is the biggest real estate investment you’ll ever have. To make your investment grow, you need to build up…
23
Oct
Oct
Small businesses stand to gain significant benefits from small business loans no matter what stage of operations they are in. Whether they are just getting started, trying to recover from a loss, or embarking on an expansion project, a strategically-timed loan could help them achieve their immediate goals. At Wallkill Valley Federal Savings & Loan,…
24
May
May
When purchasing a house, most prospective buyers focus mainly on the down payment, without giving much thought to the other expenses. Closing costs can add significantly to your expected financial outlay, and you should plan for them to avoid any potential issues. Closing costs defined The term “closing costs” refers to the various expenses…
15
Apr
Apr
It is home buying season and we couldn’t be more excited! One of the best things about being a local bank is watching our community grow through homeownership. Our blog last month talked about the importance of relationships when buying a home, this month we want to talk about some of the ways you can…
15
Mar
Mar
You’ve heard of Fannie Mae and Freddie Mac, but who or what are they? More importantly, why are they so important in the nation’s housing finance system? In today’s blog, we will be answering these questions! Meet Fannie Mae In 1938, during The Great Depression, The Federal National Mortgage Association (FNMA) was created. As part…
- 1
- 2