The equity you have accumulated in your home can be used wisely for many things, remodeling or renovation projects, go on vacation, buy an automobile, a motorcycle, or have it available for an emergency or other future needs. You have the flexibility to use it how you like and when you want.
- Loan-to-Value as high as 85%
- Competitive rates
- Variable monthly payment based on the outstanding balance
- 10-year draw period (interest-only minimum payment required) followed by 15-year repayment period (monthly interest plus 1/180 of principal)
- Overdraft protection when linked to your Victory Bank checking account
- Online and Mobile access
- No prepayment penalty
Use our Mortgage Refinancing Calculator to get a sense of how refinancing your mortgage may help reduce your monthly payments.