Online Banking Login

Open An Account Online!

Simply follow these easy steps:

  • Select the account you wish to open.
  • Click the Open Online button.
  • Fill out the online application.
  • Fund your account, and you're done!

Home Equity Loans

An AFFORDABLE Home Equity Line of Credit for home improvement, consolidation or even major purchases!


Home Equity Early Disclosure

Home Equity Lines of Credit Disclosure

  • LOW monthly payments-1% of the amount advanced
  • Fast local loan approval

1.99% APR* for 6 months!

After 6 months rates as low as prime rate

We also offer competitively low, fixed rates as well as low closing costs on terms up to 15 years. And for an added bonus, the interest might even be tax deductible.


NMLS Registry Information for Valley Federal Credit Union Mortgage Loan Originators


*Annual Percentage Rate. After 6 months, rate on your loan will revert to the standard variable rate for a Home Equity Line of Credit (HELOC) as low as Prime Rate, which was 3.25% on January 1, 2013.The maximum interest rate will not exceed 17.99%. All loans subject to credit approval.


Summary
  • Competitive rates and low closing costs
  • Flexible repayment terms
  • Fixed rate, amortized over terms up to 15 years
  • Financing available to cover a wide range of needs
  • Approval amount based on equity in home
  • Interest may be tax deductible*
  • Locally handled process from start to finish
  • Friendly, knowledgeable loan advisors
  • Customized service from a staff committed to your success

*Consult a tax advisor.

Check out our rates!

What you'll need

When applying, you will need the following items:

  • A copy of warranty deed to home, or deed of trust from first mortgage
  • Balance statement from first mortgage company
  • Pay-stub, W-2's, or 2 years of taxes if self employed
  • Pictures of outside and inside of residence, plus a description and current value of residence
  • A copy of the current property tax statement
  • Proof of homeowners insurance
HELOC

Similar to a Home Equity Loan, a Home Equity Line of Credit is based off the equity in your home. You can use that equity as collateral to fund almost any need. A HELOC differs in that it's available anytime and can be accessed the moment a need arises.


  • Competitive rates and low closing costs
  • Money is available whenever you need it; perfect for short-term needs
  • Financing available to cover a wide range of needs
  • Approval amount based on equity in home
  • Variable rate subject to change monthly
  • Only pay interest on what you use
  • Available for a 10-year draw period up to a 20 year term
  • Credit advances available:
  • During this time frame, payments must be a minimum of $100 or 1%-1.5% of the full outstanding loan balance (whichever is greater)
Debt Protection

Life is unpredictable. You may worry about unexpected, real-life events that could leave you scrambling to pay your monthly bills. Debt Protection can help relieve financial pressure in the event of death, disability or involuntary unemployment.


With Debt Protection, your loan balance or monthly loan payments will be canceled without penalty or added interest in accordance with your plan choice. You benefit from the peace of mind knowing you and your credit rating are protected.


Your choice on this product does not affect our credit decision.

Home Equity Loans