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Personal Loans

We are your community bank, and offer a variety of Personal Loans to meet your needs.

If you are planning on purchasing a car, boat, home, or RV, let Grand Valley Bank's expert staff help you find the right loan. Each loan is handled by your loan officer and all decisions are made locally. Local decision making means that you will receive timely answers and flexible loan terms.*

  • Competitive Rates
  • Experienced Lenders
  • Fixed Monthly Payments
  • Automatic Withdrawals from your Grand Valley Bank Checking Account is available
*You must be at least 18 years of age to apply for a loan.
If you are in the market for a new vehicle, speak with us today! You can jump-start the process by filling out an application; available below. We are your community bank.

Vehicle and Recreational Equipment Loans
  • Available for new and used vehicles
  • Affordable fixed rates
  • Short loan approval times, sometimes within hours
  • Terms up to 60 Months
  • Discounts may be available for existing customers and automatic payment
  • Loans can be personalized to fit your needs
Bring your completed loan application to any of our branches to get started. If you have any questions or would like current rates, contact one of our loan officers for additional information. 

Grand Valley Bank is available for all of your borrowing needs. You'll get the personal attention you deserve that makes doing business with us a pleasure.
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 Real Estate Lenders today!

Interim (Bridge) Loans
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 Real Estate 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!

Construction Loans
For many years Grand Valley Bank has been a leader in construction/mortgage 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 and mortgage 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. Both our construction and mortgage lenders coordinate to help get you started with the important details that you need to make the right decisions. Our mortgage 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 Mortgage and 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.
Use the equity in your home to finance any family need - home improvement, school tuition, travel, or even debt consolidation.

Often, the interest that you pay on your home equity loans or line of credit is tax deductible offering an added benefit to using your home for your loan. To determine if your loan request qualifies for the tax deduction or to determine your taxable savings, speak with your tax advisor.

Home Equity Loan
Fixed rate loans with up to a 5 year maturity period
First liens may be subject to escrow

Home Equity Line of Credit
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.
Whether you are building, buying or refinancing a home, Grand Valley Bank is your full service Mortgage Banker. Call us today! We'll work around your schedule and can set after hours appointments for you.

30 Year Fixed—Of the fixed rate choices, this loan will have the lowest monthly payment. The principal and interest will remain the same for 30 years.
10, 15, 20, and 25 Year Fixed—The payment will be higher than a 30 year fixed rate, but the interest rate will be lower. It will save a considerable amount of interest over the life of the loan and builds equity in your home faster.
Adjustable Rate Mortgage (ARM) - This is a 30 year loan with payments that change from time to time depending on the market rate. The rate can go down as well as up. ARM loans have limits on how much the rate can change at each adjustment.

Government Loans
  • Veterans Administration (VA) Loan Basics
  • No down payment required for qualified veterans up to the limit as established by the Veterans Administration
  • 30 or 15 year fixed rate or ARM loans
  • More flexible qualifying guidelines than Conventional Loans
  • VA loans are only for owner-occupants – they cannot be used to purchase investment properties
Colorado Housing and Finance Authority (CHFA) This is a fixed rate, 30 year mortgage.
  • It offers below market interest rates.
  • To assist with the down payment, there are optional second mortgages with zero interest and no payments until payoff or refinance.
  • There are income and price limits.
  • CHFA loans can be used to purchase a home - they cannot be used for refinancing.
  • CHFA loans are only for owner occupants; they cannot be used to purchase investment properties.
In addition to the home loan products presented here, Grand Valley Bank offers a wide variety of other loan programs and features, including a complete Selection of Adjustable Rate Mortgages.

Click the button below to apply online conveniently and securely.

The Mortgage Loan Application Process

I have completed and submitted a mortgage loan application, what's next?

At Grand Valley Bank, we do our best to make your mortgage loan application process as convenient as possible. You should be prepared to provide the items indicated on the checklist below. This will help us evaluate your application quickly and efficiently. If you have any questions about the documents you will need to provide as we process your application please give us a call at 1-877-859-6040.

Mortgage Loan Checklist:
  1. Copies of most recent pay stubs for the last 30 days and W-2's or 1099 Forms for the last two tax years.
  2. Most recent two years complete Federal Income Tax Returns, with all schedules (Three (3) years for CHFA loans).
  3. Information/Verification of your liquid funds: Copies of the last two months statements for the following types of accounts: Checking, savings, money market, mutual funds, certificates of deposit, stocks, bonds, or other securities. If you have sold a home or purchased land in the last year, a copy of your settlement statement.
  4. Complete Information on your residences for the previous two (2) years. This will include your mortgage holder's name, address, and loan number for all residences owned, and your current mortgage statement. Name, address, telephone number of Landlords for all residences rented.
  5. A listing of all credit card and installment loan account numbers, payments and balances. If your application is to consolidate debts, most recent statements for all accounts to be paid off with proceeds from this loan.
  6. A copy of your purchase or Real Estate Contract, including any addendums, signed by all parties to the transaction. Bankruptcy petition, schedule of debts, and discharge for any bankruptcy within the last seven (7) years.
  7. Divorce Decree and Property Settlement/Separation Agreement, if applicable.
  8. VA Loans - Name and address of nearest living relative and your original Certificate of Eligibility or DD-214.
  9. Name and telephone number of homeowner's insurance agent.
  10. For home construction loans, copies of plans and specifications, materials list, and cost breakdown. Land acquisition documentation may also be applicable.

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.
Convert your good credit to security
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.

Financial 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.

Financial Freedom
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.

How Overdraft Protection works
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.

Overdraft Protection fees:
  • Per Advance: $2.50
  • Payments > 10 days late: $10.00
Visit any of our New Accounts Representatives for an application. Once you're approved, you'll have new cash resources available.

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A checking account as unique as you!

Grand Valley Bank offers a wide selection of personal checking accounts to suit any need or lifestyle.

Explore Personal Checking