Hand in Hand and Face to Face – How Wallkill Valley Federal Savings & Loan’s loan process is different.

The loan process at Wallkill Valley Federal Savings and Loan really is Different from other banks.  How is it different?  Well, first of all of our loans are processed in house and serviced in house for the life of the loan.  That means that when we begin the process of helping our clients secure financing to say, purchase the home of their dreams, we are investing in a relationship and are in it for the long haul.

Here are a few things other things you may not know:

Getting to know you
When you first reach out to us, we start asking tons of questions right away!  We want to invest time getting to know our customers.  We want to know what they are looking for and what their goals are in regards to the loan.  Are you looking for a lower payment or a low interest rate?  We aren’t interested in selling a particular product, instead we focus on the needs of the individual with the goal of finding the right product to fit your needs.

Whatever is easier for you
You can start the process online or you can come in and meet with us face to face.  We want to make the paperwork part of the process as painless as possible.  Whatever way you are comfortable, that is what we will do. 

Faster Processing
Since we began our process by getting to know you and gathering a ton of information for the loan pre-qualification, we are able to process loans quickly. Also, since we do all our closings in house, we do not have to wait for paperwork to be transferred to corporate which can significantly speed up the loan process.

Local Approvals  
Our loan team is under one roof.  We do not ship loan applications away to be approved.  Approvals are not based solely by a bunch of numbers. Instead we sit together as a team and discuss the applicant, their goals and the property they want to purchase and go from there.

The Closing
Our closings are done in our branch.  Additionally, we offer lower closing costs because we don’t sell our loans to Fannie Mae or Freddie Mac and as a result, we do not have to adhere to loan level pricing.   


If you are looking for a loan, we have several different products and can help you find the one that is right for you.  For example:

  • We offer 6 different mortgage products
  • 4 different home equity loan products
  • 3 products for investment properties


Wallkill Valley Federal Savings & Loan, wants to help you fulfill your dream of home ownership.  Are you looking for a mortgage?  Melissa Flickenschild (NMLS# 524987), our Senior Residential Local Officer, would be happy to sit with you to review options and begin your loan experience. Give her a call at 845-895-2051 or email her at mflickenschild@wallkill.com.