Home Equity

Our Home Equity Line of Credit is designed with you in mind.....

Whether your plans include home improvements, a new car, college tuition, vacation, or some other worthwhile purpose, Wallkill Valley Federal’s Home Equity Line of Credit offers convenient checkbook access to funds to see you through it. Here are just some of its many benefits

  • Low Closing Costs *
  • 15 Year Credit Line Draw Period
  • Prime + 0 For The Life of The Loan
  • Interest Charged Only On Funds You Actually Use
  • No Application Fees
  • No Annual Fees
  • Credit Lines up to $150,000
  • Utilize up to 80% of Your Home’s Equity
  • No Prepayment Penalties or Recapture Fees
  • Fast, Local Loan Approvals
  • Interest May Be Tax Deductible **

Closed End Home Equity Loans  

If you have a financial need, but do not require a line of credit, our Closed End Equity Loans may be what you are looking for. They offer the following benefits:

  • Low Fixed Rates
  • Low Closing Costs *
  • Fast, Local Loan Approvals
  • Utilize up to 80% of Your Home’s Equity
  • No Prepayment Penalties or Recapture Fees
  • Fixed Monthly Payment
  • Interest May Be Tax Deductible **
  • Terms Up To 10 Years

Click here to learn more about our fixed rate home equity and variable rate lines of credit. Please indicate the type of loan you are interested in and please include a daytime phone number with area code.

* You will be responsible for paying the NYS Mortgage Tax and recording fees related to your chosen loan/credit line amount. All other closing fees are paid by lender.
** Check with your tax advisor.

 

NMLS Instituion ID#: 404992