- Convenient way to make renovations, repairs or improvements when purchasing a home.
- One time close
- We finance up to 95% loan to value
- Credit Report Fee: individual - $20.35, joint - $40.70
- Mortgage Loan Origination Fee - 1%* Other fees associated with Real Estate Loans are pass-through costs. These fees would incurred as each circumstance dictates and could include but are not limited to title, attorney, survey, appraisal, recording and pest inspection fees
- Rate may vary depending on individual credit history and other underwriting factors
- Example of a Purchase/Refinance Plus Improvement Loan payment: 30 year 1st Home Lien Loan at 5.50% APR is $56.78 per every $10,000 financed*
*Percentage of Loan Amount **Payment does not include amounts for taxes and insurance
†All loans subject to credit approval. You must be a member or eligible for membership to qualify. Rates, terms and conditions are subject to change without notice. The APR is based on various credit-worthy criteria. For a $150,000 mortgage loan with 5% down payment at a 30-year term with a rate of 6% APR the monthly payment will be $899.33. Mastercard® is a registered trademark and is not affiliated with BVSCU. BVSCU is an Equal Housing Opportunity Lender.