Valley 1st Mortgages

Getting your mortgage here is the easiest part of owning a home.

What are your options?

young couple in front of their home

A Flexible Mortgage Program

RVCCU is a broker for Midland Mortgage Company. Through them we offer a variety of first mortgage options for your primary residence.

(Click on each type for a brief explanation.)

Conventional mortgages are what most people think of when they first consider getting a home loan. They can come in many different forms and term lengths and usually require a down payment.
A conventional home loan is not insured or guaranteed by the federal government in any way, unlike the other mortgage options below.

The Federal Housing Administration (FHA) mortgage insurance program is managed by the Department of Housing and Urban Development (HUD), which is a department of the federal government. The government insures the lender against losses that might result from borrower default.
FHA loans are available to all types of borrowers, not just first-time buyers. This program may allow you to make a low down payment, but requires mortgage insurance.

The U.S. Department of Veterans Affairs (VA) offers a loan program to military service members and their families. These types of mortgages are guaranteed by the federal government; the VA will reimburse the lender for any losses that may result from borrower default.
If you meet the eligibility requirements, you may receive 100% financing, meaning no down payment would be required.

The United States Department of Agriculture (USDA) offers a loan program for rural borrowers who meet certain income requirements. The program is managed by the Rural Housing Service (RHS).


Why finance here?

couple with boxes in front of their home

We won't pressure you.

Unlike many mortgage brokers, our Mortgage Specialists do not work on commission. You'll never be pressured to take a loan you don't want or borrow more than you should.

We focus on your needs.

We will take the time to sit with you and go over which mortgage option is best for you and your budget.

You'll find a great mortgage.

You'll love our low closing costs, competitive rates, and fast turnaround.

How can you get started?

wooden welcome sign

Our goal is to make the mortgage process as painless as possible for you.

The easiest way to begin is to speak to one of our Mortgage Specialists to learn more about the types of loans and rates you might qualify for.

Have some financial information ready.

  1. Your income
  2. Employment information
  3. Your monthly expenses
  4. Information about the property you plan to purchase or refinance
  5. If you are refinancing, information about your current mortgage

Know your credit.

Before you appy for a mortgage loan, it's a good idea to check your credit report for mistakes or inaccuracies.
You can get a free credit report from all three credit bureaus once a year by visiting annualcreditreport.com.

Additional Information

Loan offers are subject to credit approval and restrictions may apply. Our Financial Service Representatives can give you more details and answer any questions you may have.

We are an Equal Housing Lender. View information about the Secure and Fair Enforcement for Mortgage Licensing Act and our HMDA Disclosure.