Personal Loans and Home Equity Loans and Lines of Credit

Grand Valley Bank offers a variety of loans to meet your financial needs. Because we are locally owned, all loan decisions are made right here where you live and work. Local decision making means that you will receive timely decisions and flexible loan terms. Fill out our application and speak with one of our Lenders today!

When you find that perfect new home, there is no need to wait for the sale of your old home before you buy the new one. Bridge financing allows you to take advantage of the equity in your existing home and apply that equity to your new home even before your current home is sold. Many times bridge financing can be structured so that you will not have a monthly payment on that loan (no worries about increasing your monthly payments). When your old home sells, the bridge loan will be paid off and you can finalize the mortgage financing on your new home.

Rates and terms will depend on the amount financed and borrower qualifications. Call us with any questions you may have, or to set an appointment to visit with one of our experienced Lenders.

NOTE: There are some risks associated with short term bridge financing in the event your old home fails to sell in a timely manner. Your lender will help you to understand those risks so you can decide if the bridge financing could be right for you.

Come see us for all of your borrowing needs, you'll get the personal attention you deserve that makes doing business with us a pleasure.

Are you looking to build your dream home? Let Grand Valley Bank partner with you!

For many years Grand Valley Bank has been a leader in construction financing. When you work with us you work face-to-face with the decision makers, the people who make a difference in a pleasant and caring loan and construction process.

There is no need to settle for a new home that doesn't meet your needs when you are having one custom built. Grand Valley Bank construction loans are coordinated to make your financing process as seamless and as cost efficient as possible.

Come in and speak with us while you are still working on your plans. Our construction lenders help get you started with the important details that you need to make the right decisions. Our lenders can pre-qualify you early in the process so you know just how much money you can afford to borrow and how much of a monthly payment you can expect.

Rates and terms depend on the complexity of the project, the amount financed, and borrower qualifications. Contact us with questions or to set an appointment with our Construction Lenders.

To apply for a Construction Only loan (temporary short-term loan only), please use the Download Application button below to complete your application. If you would like to apply for a Construction-Permanent Loan (short term construction loan followed by a long-term mortgage loan through Grand Valley Bank), please go to our Mortgage Loans section and use our Online Mortgage Loan Application.

Come see us for all of your borrowing needs, you'll get the personal attention you deserve that makes doing business with us a pleasure.

Variable rate, revolving line of credit using the equity in your home as collateral.

Five-year draw period and amortizing ten-year repayment period.

Use the line, repay it and the availability stays until you need it again.

The monthly payment amount depends on the balance outstanding and the interest rate in effect at the time.

Rates and terms vary depending upon amount financed and customer credit qualification. Rate discounts are available for Grand Valley Bank deposit customers, for automatic payments or loans to value of less than 60%. Maximum financing is generally 70% loan to value.

Come see us for all of your borrowing needs, you'll get the personal attention you deserve that makes doing business with us a pleasure.

You've worked hard to establish and maintain your good credit. Let Grand Valley Bank help you enjoy the rewards of your efforts. Your success allows us to offer you a credit plan that you can depend on for security and convenience.

Overdraft Protection is designed to reduce complications and charges should your checking account become overdrawn. OverDraft Protection means that we've approved, in advance, a personal loan if you should overdraw your checking account. Our plan helps you avoid costly overdraft charges and embarrassing delays.

We understand the excitement of uncovering a great bargain, the joy of buying that perfect gift, or the fun of a spontaneous weekend holiday. We also understand the potential disappointment of having to cancel plans because of a depleted bank account, but it needn't happen again. Use your good credit to qualify for overdraft protection, and your checking account will become a personal loan account. You may write your own loan any time you need extra money for pleasure or an emergency. Experience the freedom of having a reserve fund at your command.

Whenever you write a check and you don't have compensating funds in your checking account, the money will be advanced in $50.00 increments from your OverDraft Protection plan to cover the check(s) up to the amount of your credit limit. Monthly minimum payments of $25 or 10% of the amount you owe will be automatically deducted from your checking account on the day your statement cycles. You can always pay part or the entire amount owed on your OverDraft Protection plan anytime. Finance Charges accrue at the daily periodic rate of .00049315% when you make an advance.

The ANNUAL PERCENTAGE RATE is 18%. Taking the principal balance of your account each day and applying the daily periodic rate calculates the finance charge on this plan. To figure the principal balance for each day, we take your loan balance at the beginning of each day and subtract any unpaid finance charges and principal payments or credits credits (a portion of each payment you make is applied to finance charges). Then, we add any new advances made that day. The final figure is the principal balance.

Visit any of our New Accounts Representatives for an application. Once you're approved, you'll have new cash resources available.