Residential Mortgages

Live your American dream!

PURCHASE A HOME

More Info & Help

We’re Showing the Love to First Time Homebuyers

BASIC OPTION
$250

Off closing fees
when you open a new Valley checking account or make automatic mortgage payments from a non-Valley account.

Learn More / Apply
GOLD OPTION
$500

Off closing fees
when you make automatic mortgage payments from a new or existing Valley checking account.

Learn More / Apply
OR

Whether you are a first time homebuyer or looking to purchase a second home, our residential mortgage experts can help you every step of the way from application to closing. We provide fast, reliable service with low interest rates and fees. You can choose from a variety of terms designed to meet your specific repayment goals.

Before you apply for a mortgage, collect the information needed to begin the application, and learn more about our mortgage loan process.

Selected Purchase Rates (As of 9/22/2017)RateAPR
10 Year Fixed Rate Loans up to $424,1003.125%3.332%
15 Year Fixed Rate Loans up to $424,1003.125%3.265%
15 Year Jumbo Fixed Rate Loans From $424,101 to $1 Million3.125%3.278%
20 Year Fixed Rate Loans up to $424,1003.750%3.862%
20 Year Jumbo Fixed Rate Loans From $424,101 up to $1 Million3.625%3.647%
30 Year Fixed Rate Loans up to $424,1003.875%3.955%
30 Year Jumbo Fixed Rate Loans From $424,101 to $1 Million3.750%3.766%
5/1 ARM Jumbo3.000%3.483%
7/1 ARM Jumbo3.125%3.539%

See More Rates

Decide how you want to apply.

  • Call out Customer Service Team at 800-522-4100
  • Visit a branch near you
  • Begin the application process Online

Request Info Apply Now

As of 9/22/2017, an example that illustrates typical terms for a $300,000, 30 year fixed rate loan with a 25% down payment, has an APR of 3.955% and monthly payment of P&I of $1,410.72. This APR is accurate as of 9/22/2017 and is subject to change. The rates and APRs may be different for loans that exceed the conforming loan limit of $424,100 (i.e. Jumbo Loans). Down payments of less than 20% will require private mortgage insurance. The estimated monthly payment does not include taxes and insurance premiums, and the actual monthly payment will be greater. Rates and APRs are subject to change without notice. Subject to credit approval.

First Time Home Buyer Program is available for first time homebuyers of single family, owner occupied homes and Valley approved condominiums with a minimum loan amount of $100,000 and a maximum of $1,000,000, and for 2-4 family, owner-occupied homes with a minimum loan amount of $100,000 and a maximum equal to conforming loan limits. Mortgage must be in first lien position. Cash rewards are deducted from fees due at closing. Teen Checking and My Loyalty Checking not eligible. Subject to credit approval. Additional terms and conditions may apply. Offer may be withdrawn at any time.

For all programs, applicant will be responsible at closing for payment of interim interest and for funding an escrow account for real estate taxes and insurances. Applicant will also be responsible for payment of all settlement items between applicant, as buyer, and seller for the purchase of applicant's home, and for applicant's attorney fees.

Ask your Valley representative for complete details regarding all of our mortgage loan programs for purchases.