Home Equity Loans

Experienced loan officers dedicated to providing you with the best service and support.

At Mountain Valley Bank, all of our personal loans are designed to meet the long term financial needs of our customers in the local communities we serve. We have loan products that can be customized for your individual financial needs and we have local, experienced loan officers dedicated to providing you with the best service and support.
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Customized loans to meet your individual financial needs
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Local decision making
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Personal contact with your own Consumer Lender
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Fast turn-around time
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Competitive rates
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Low or no closing costs

Home Equity Lines of Credit

Homeowners have a tax advantage when they choose Mountain Valley Bank’s Prime Equity Line. It’s one of the most convenient and affordable lines for credit available to homeowners today.

You’ll have a tax deductible* way to borrow the equity you have built up in your home. It gives you a line of credit that puts cash in your hands instantly to buy a new car, take a vacation, pay for college tuition, consolidate your bills or handle unexpected emergencies.

Once approved, the money is there when you need it. You can access your credit simply by writing a check. It’s that easy.

Interest is charged only on the unpaid balance of your credit line. The variable interest rate is lower than most personal installment loans, and interest payments are fully tax deductible* in most cases. That means you could save money on your taxes and lower your effective borrowing costs.

*Consult a tax advisor regarding tax deductibility.

 

MOUNTAIN VALLEY BANK

Steamboat Springs Curve Plaza - 970-870-6550
Steamboat Spring Wildhorse - 970-870-9990
Meeker - 970-878-0103
Walden - 970-723-8221
Hayden - 970-276-9099
24hr Telebanking - 877-275-2088

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Effective July 1, 2020 our Funds Availability policy will be changed to the following: We are increasing the amount we make immediately available for withdrawal by checks not subject to same day availability from $200 to $225. In addition, the amount available for withdrawal on the second business day after the day of your deposit for large deposits, will increase from $5,000 to $5,525.