Putting the Personal Back in the Personal Loan Process


When you think about the process of taking out a loan, the word that often comes to mind is stressful.  However, at Wallkill Valley Federal Savings and Loan we’re different than other banks.  Our loan application process is different because we feel it is important to get to know you and your needs so that we are able to help you make borrowing decisions that are fiscally responsible.   

Loan products should not be a one size fits all deal and there are several kinds of personal loans.  Below are some of our personal loan products and how they can help you achieve your financial goals.   

Residential Mortgage Products

The dream of homeownership becomes a reality with a mortgage from WVFSL.  Our loan process is personal, our loan process starts in house and approvals are done locally.  In fact, a majority of the loans we originate stay within the WVFSL loan portfolio for the life of the loan, which allows us to develop a relationship with each individual.

Other home mortgages features include:

  • Competitive rates
  • No prepayment penalties
  • Faster processing

Home Equity Loans and Line of Credit

Looking to make some home improvements?  Then a Home Equity Loan or Line of Credit might be a good fit.  With Home Equity Loans or Lines of Credit at WVFSL, you can utilize up to 80% of your home’s equity. 

Features include:

  • Fixed rates for up to 15 years
  • No application or recapture fees
  • Checkbook access (for lines of credit) and you only pay interest on the funds you use

Construction/Permanent Loan

When you decide to build a home, the process of taking out a mortgage is different than that of a conventional mortgage.  WVFSL’s unique approach valuing face-to-face communication the whole process of the loan makes us the ideal lender for Construction/Permanent Loan Products. 

Are you in the market for a home? Give Michael Cappillino a call at 845-895-2051 x254 or Domenic Baiocco at 845-895-2051 x238.Wallkill Valley Federal Savings & Loan is an Equal Opportunity Housing Lender.