Page Valley Bank
Page Valley Bank
600 South Third Street
Shenandoah, VA 22849
Phone: (540)652-6521
Fax: (540)652-6511
Residential Mortgage Loans
Is it your dream to purchase or construct a new home, own your first home, refinance an existing adjustable rate mortgage for a fixed rate or to pull out equity to finance a new investment opportunity? PVB has the funds to lend with competitive rates and knowledgeable loan officers to guide you through the mortgage process. Page Valley offers adjustable rate, fixed rate and balloon payment loans with local access to many other mortgage products. We also offer the following:
* Bridge Loans
Bridge Loans provide short term financing on your current home to help purchase a new home.
* Construction Loans
Construction Loans provide a short-term, interim loan to pay for construction cost. Draws are disbursed at periodic intervals from a construction line of credit to the borrower and builder as the work progresses. Interest is repaid monthly and accrues only on the amount disbursed. Terms are generally up to 12 months. Upon completion of the project and the issuance of a final occupancy permit the loan is refinanced into a permanent mortgage. In the future, Page Valley will offer construction-to-permanent one-time closing loans.
* Land Only Loans
PVB has funds available to finance the purchase of or refinance of or refinance of an existing lot or acreage. We offer a fixed rate up to 10 years or if a longer repayment term is desired we offer a 3-year balloon with a 15-year payment amortization.
* Investment Property Loans
Page Valley also offers financing to construct, purchase, or refinance income producing 1-to-4 family residential property with terms up to 20 years.
© 2009 The Page Valley Bank. All Rights Reserved.
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