We can get you home faster
Whether you are a first-time homebuyer or an experienced homeowner looking for a vacation home or an investment property, you'll benefit from the Valley Mortgage experience.
Our Mortgage Experts are knowledgeable, caring, and local. They will match you with the mortgage that is right for you, choosing from our extensive product menu which includes low to moderate income loans, government sponsored loans, FHA, VA, low down payment loans, jumbo mortgages and so much more.
Today's Featured Mortgage Rates
|
Conforming Loan Programs |
Product |
Rate |
APR |
Points |
Monthly Payment |
Conforming 30 Yr Fixed Plus
|
6.125%
|
6.302%
|
1
|
$1,458.27
|
VNB Community Advantage
|
5.875%
|
5.909%
|
0
|
$1,419.69
|
10/1 ARM
|
6.125%
|
6.640%
|
1
|
$1,458.27
|
Residential Mortgages |
Product |
Rate |
APR |
Points |
Monthly Payment |
Conforming and Government Loan Programs |
Product |
Rate |
APR |
Points |
Monthly Payment |
Conforming 30 Yr Fixed Plus
|
6.250%
|
6.404%
|
0.75
|
$1,477.72
|
FHA 30 Yr Fixed
|
5.500%
|
6.405%
|
1
|
$1,545.56
|
VA 30 Yr Fixed
|
5.500%
|
6.000%
|
1
|
$1,411.75
|
VNB Community Advantage
|
5.875%
|
5.909%
|
0
|
$1,419.69
|
10/1 ARM
|
6.125%
|
6.640%
|
1
|
$1,458.27
|
Home Lending |
Product |
Rate |
APR |
Points |
Monthly Payment |
Jumbo 15 Yr Fixed
|
5.875%
|
6.076%
|
1
|
$6,110.97
|
Jumbo 30 Yr Fixed
|
6.250%
|
6.372%
|
1
|
$4,494.74
|
Jumbo 10/1 ARM
|
6.125%
|
6.585%
|
1
|
$4,435.56
|
Jumbo 5/1 ARM
|
5.750%
|
6.699%
|
1
|
$4,260.08
|
Jumbo 7/1 ARM
|
5.875%
|
6.601%
|
1
|
$4,318.23
|
Today's Featured Mortgage Rates
|
Conforming and Government Loan Programs |
Product |
Rate |
APR |
Points |
Estimated Payments |
|
# Of Months |
Amount |
Conforming 30 Yr Fixed Plus |
6.125% |
6.302% |
1 |
|
VNB Community Advantage |
5.875% |
5.909% |
0 |
|
10/1 ARM |
6.125% |
6.640% |
1 |
120 | $1,458.27 | 239 | $1,577.47 | 1 | $1,578.31 |
|
Home Lending |
Product |
Rate |
APR |
Points |
Estimated Payments |
|
# Of Months |
Amount |
Disclosure
Sample terms assume a borrower with excellent credit history. For conforming and government loans, sample terms are based on a loan amount of $240,000 with a down payment of 25%. For jumbo loans, sample terms are based on a loan amount of $640,000 with a down payment of 25%.
For adjustable rate mortgage (ARM) products, interest is fixed for a set period of time, and adjusts periodically thereafter at the end of the fixed rate period. The interest and payments may increase. The APR for ARM products may increase after loan consummation.
Mortgage loans with down payments of less than 25% may have higher APRs than shown, and mortgage loans with down payments of less than 20% may require private mortgage insurance. Upfront mortgage insurance premiums and monthly mortgage insurance premiums are required on all FHA loans. Private mortgage insurance is not required for VNB Community Advantage loans or VA loans but borrowers must pay the VA funding fee for VA loans.
Except for FHA loans, the sample monthly payments do not include taxes and insurance premiums and actual monthly payment obligations will be greater. Sample monthly payment for FHA loan includes monthly mortgage insurance premiums. All loan products are subject to credit approval. Rates are valid as of the date shown and are subject to change without notice. Additional terms, conditions, income limits and location restrictions apply. Speak to a Valley Home Loan Consultant for details.
|
Conforming and Government Loan Programs |
Product |
Rate |
APR |
Points |
Estimated Payments |
|
# Of Months |
Amount |
Conforming 30 Yr Fixed Plus |
6.250% |
6.404% |
0.75 |
|
FHA 30 Yr Fixed |
5.500% |
6.405% |
1 |
12 | $1,545.56 | 12 | $1,543.35 | 12 | $1,541.02 | 12 | $1,538.55 | 12 | $1,535.94 | 12 | $1,533.19 | 12 | $1,530.28 | 12 | $1,527.21 | 12 | $1,523.96 | 12 | $1,520.54 | 12 | $1,516.91 | 227 | $1,386.54 | 1 | $1,387.16 |
|
VA 30 Yr Fixed |
5.500% |
6.000% |
1 |
|
VNB Community Advantage |
5.875% |
5.909% |
0 |
|
10/1 ARM |
6.125% |
6.640% |
1 |
120 | $1,458.27 | 239 | $1,577.47 | 1 | $1,578.31 |
|
Home Lending |
Product |
Rate |
APR |
Points |
Estimated Payments |
|
# Of Months |
Amount |
Jumbo 15 Yr Fixed |
5.875% |
6.076% |
1 |
|
Jumbo 30 Yr Fixed |
6.250% |
6.372% |
1 |
|
Jumbo 10/1 ARM |
6.125% |
6.585% |
1 |
120 | $4,435.56 | 239 | $4,798.16 | 1 | $4,796.34 |
|
Jumbo 5/1 ARM |
5.750% |
6.699% |
1 |
60 | $4,260.08 | 299 | $4,840.19 | 1 | $4,838.69 |
|
Jumbo 7/1 ARM |
5.875% |
6.601% |
1 |
84 | $4,318.23 | 275 | $4,816.61 | 1 | $4,817.72 |
|
Disclosure
Sample terms assume a borrower with excellent credit history. For conforming and government loans, sample terms are based on a loan amount of $240,000 with a down payment of 25%. For jumbo loans, sample terms are based on a loan amount of $640,000 with a down payment of 25%.
For adjustable rate mortgage (ARM) products, interest is fixed for a set period of time, and adjusts periodically thereafter at the end of the fixed rate period. The interest and payments may increase. The APR for ARM products may increase after loan consummation.
Mortgage loans with down payments of less than 25% may have higher APRs than shown, and mortgage loans with down payments of less than 20% may require private mortgage insurance. Upfront mortgage insurance premiums and monthly mortgage insurance premiums are required on all FHA loans. Private mortgage insurance is not required for VNB Community Advantage loans or VA loans but borrowers must pay the VA funding fee for VA loans.
Except for FHA loans, the sample monthly payments do not include taxes and insurance premiums and actual monthly payment obligations will be greater. Sample monthly payment for FHA loan includes monthly mortgage insurance premiums. All loan products are subject to credit approval. Rates are valid as of the date shown and are subject to change without notice. Additional terms, conditions, income limits and location restrictions apply. Speak to a Valley Home Loan Consultant for details.
|
Interest Rates and APRs are subject to change without notice. Mortgage rates valid as of 3/22/2023. See all disclosures
Why choose Valley to buy your next home?
First Time Homebuyer Programs
Valley offers proprietary low down payment programs with additional benefits to First Time Homebuyers
Educational Approach
From our Journey to Homeownership Webinar to our expert personal guidance, we educate you on mortgages so you can be confident in your decision.
Join a Webinar
Valley’s My Mortgage App
Apply online, upload your documents from anywhere, and keep track of your progress along the way. Our MY MORTGAGE app makes it all possible.
Product Breadth
From low down payments to high loan amounts; Government-Sponsored Programs to Adjustable Rate Mortgages, we have numerous options that we can walk you through.
Hi-Tech Meets Handholding
We employ a combination of personalized local service backed by the latest technology to make the process easier for you. The national online lenders simply can’t match it.
It’s All About Relationships
With Valley, it’s never a one and done deal. We will work with you over time to ensure your mortgage remains the right fit for you. And if it isn’t, we’ll help you find a better one.
The 3 Different Phases of Your Home Search
Mortgage Insights & Resources
Disclosures:
Sample rates and APRs assume a borrower with excellent credit history. For conforming loans, sample terms are based on a loan amount of $240,000 with a down payment of 25%. For FHA Loans, VA Loans and VNB Community Advantage Loans, the sample terms reflect a down payment of 5%. For jumbo loans, sample terms are based on a loan amount of $730,000 with a down payment of 25%. Mortgage loans with down payments of less than 25% may have higher APRs than shown, and mortgage loans with down payments of less than 20% may require private mortgage insurance.
ADDITIONAL INFORMATION ON FHA LOANS, VA LOANS and VNB COMMUNITY ADVANTAGE LOANS
-
FHA Loans are permitted with down payments as low as 3.5%. An initial mortgage insurance premium equal to 1.75% of the loan amount is required and may be financed or paid in cash at closing. Monthly mortgage insurance premiums will also apply. Loan amount restrictions vary by county.
-
VA Loans are available to applicants who meet the eligibility requirements of the VA program with as little as 0% down. Private mortgage insurance (PMI) is not required, but borrowers must pay the VA funding fee, which may be financed or paid in cash at closing. The VA funding fee varies based on the loan to value ratio and will be higher with a 0% down payment.
-
VNB Community Advantage Loans are permitted with a down payment as low as 3%. PMI is not required. Applicants must be first time homebuyers. Income limits and location restrictions also apply.
Please speak to a Valley Home Loan Consultant for more information on rates and program terms. All mortgage loans are subject to credit approval. Additional terms and conditions apply. View estimated monthly payments and additional details
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