Home Loans

Purchasing a home can be exciting and overwhelming. Valley Communities Credit Union is here to make the financing of your home less stressful. Our loan officers can help you with every step of the process. Best of all, our loan decisions are made locally and serviced locally.

Low Down Payment Mortgage

VCCU offers:

  • LOW CLOSING COSTS *
  • Monthly, bi-weekly, and weekly payment options that allow flexibility if your financial needs change. Payments are applied to the loan at time of receipt.
  • Payment options of pay roll deduction, ACH, direct deposit and bill pay.
  • First and second mortgage real estate loans on primary, seasonal and rental properties located in the state of Wisconsin.
  • Home equity loans to finance remodels or other large purchases.
  • Competitive rates.
  • Fast loan decisions, often within 24 hours.
  • Flexible terms.

First mortgage loans are issued for a maximum of 30 years (360 payments)

Second mortgages are issued for a maximum of 30 years (360 payments).

Valley Communities can offer real estate loans on dwellings to a maximum of 80% of the property’s value for all mortgages on the property. For information on our bare land loans please contact one of our loan officers at any office.

* A member paid for appraisal is required for loan balances over $150,000.

Low Down Payment Home Loan with No PMI!

Low Down Payment Home Loan Program is available for all buyers of residential property.

No private mortgage insurance (PMI) required!

Down payment and closing costs.
Put down just 10% of the purchase price of verifiable funds and all closing costs, including possible home inspections. The funds for the down payment and closing costs can be from gifted funds and/or gifted equity, or the verifiable sale of an asset and/or savings withdrawal.

First mortgage
Take a look at our first mortgage rates for financing a maximum of 80% of the purchase price or appraised value whichever is less. The maximum amortization is up to 360 months based on the condition of the property and value.

Second mortgage
Take a look at our second mortgage rates for financing a maximum of 10% of the purchase price or appraised value whichever is less. The maximum amortization period is up to 120 months.

Escrows
VCCU escrows for real estate taxes, special assessments and flood insurance when required. We do not escrow for home owners insurance.

FREE pre-qualification! Click here for our online loan application.

Borrower(s) must submit a completed loan application, written proof of income, and written verification of the funds for the 10% down and closing costs, a purchase contract with condition report and a written statement of any repairs that have been completed in the last 10 years.

Talk to an experienced VCCU loan officer today!

* Dollar amount based on the purchase price or appraised value, whichever is less. No private mortgage insurance (PMI) required! Residential property purchases only. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. Membership eligibility required. All loans are subject to Valley Communities Credit Union underwriting standards. Talk to a Valley Communities Credit Union loan officer for current loan rates and terms.

Nationwide Mortgage Licensing System & Registry (NMLS) Consumer Access

In order to provide homebuyers and the general public with greater information concerning the companies and professionals in the mortgage industry and in fulfillment of the federal S.A.F.E. Mortgage Licensing Act of 2008, the Nationwide Mortgage Licensing System & Registry (NMLS) hosts a website called NMLS Consumer Access. NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS.

Found online at www.NMLSConsumerAccess.org, contains administrative and licensing information for companies, branches, and individuals licensed or registered through NMLS. NMLS Consumer Access is provided without charge to the public.

Valley Communities Credit Union (431643)

Susan Marie Besaw (440575)
Tonya Rocha (1595256)
Michael Joseph Fox (440598)
Lisa Crystal Slowinski (440472)
Yvonne Marie Bohman (440543)
Jodi Sue Griepentrog (441764)
Betty Susan Martino  (1082992)
Sara B Holtz (412958)
William Charles Jarvis (440708)
Angela Marie Dinkins (440565)
Mary Beth Rohloff (440744)