Home Loans

NMLS ID: 646287

Congrats! If you’re here, chances are you’re making some moves soon.

Whether that move be to purchase a new house or remodel your current home, we’ve got you covered. We offer many options and can be a great resource to ensure your journey is convenient, affordable, and everything else you need.

Get information about the mortgage process or Apply today!

Mortgage Info & Application

Loan types

Home Equity Loans

It’s a great time to lean into your home’s equity to fund house projects, consolidate debt, take a long awaited vacation, or cover other expenses. We offer both Home Equity Loans or Home Equity Lines Of Credit at great rates.

Mortgages

Some benefits of working with us:

No application fees
Free loan pre-approval
1-on-1 support to help you through the entire process

If you’re interested in talking with us more about our mortgage options, we’d love to get you the info you need.

How much house can you afford?

Legal Stuff

HELOC

Loans subject to approval. APRs range from 2.99% to 18% depending on your creditworthiness, loan-to-value, and other factors. HELOC APR is variable and the maximum APR is 18%. If required, $700 appraisal fee is applicant’s responsibility. No other closing costs unless refinancing an existing Rivertown Credit Union loan. Home Owner's insurance required.

Home Equity

Loans subject to approval. APRs range from 5.75% to 18% depending on your creditworthiness, loan-to-value, and other factors. If required, $700 appraisal fee is applicant’s responsibility. No other closing costs unless refinancing an existing Rivertown Credit Union loan. Homeowner's insurance required.

FAQs

How does my credit rating influence my home loan interest rate?

Credit scores play an important role when borrowing money. The higher your score, the lower your rate.

Worried your credit score isn’t great? It’s still worth talking with us! We have great tips on how to move forward and improve your score for future investments.

Do I have to get a home appraisal to get a home loan?

If you’re purchasing/refinancing a home, an appraisal will be required. An appraisal may not be necessary for home equity loans.

How long does the home loan process take?

We can usually close a home loan in 30 days.