First Mortgages
Through our partnership with Member Options LLC., a credit union owned mortgage service provider, we offer up to 30 year fixed rate financing on a wide variety of Conventional, First-Time Home Buyer, Jumbo, Reverse, USDA (100% financing for rural properties), Manufactured Homes, FHA and VA mortgages for primary residences, second homes or investment properties. Our Financial Services Officers and the Member Options mortgage team offer extensive help throughout your mortgage financing process, including assistance with budgeting and getting pre-approved so you know how much house you can afford before you shop.

For more information or to start your mortgage application process, see our new Mortgage WebCenter or call the credit union at 540-342-3429 or 800-342-3429 to speak with a Financial Services Officer today.

Home Equity Loan
Fixed rate Home Equity loans are available for terms up to 15 years for qualified borrowers. There are no origination fees associated with these loans and we can loan up to 90% of your home's value using a recent appraisal or tax assessment.

Home Equity Line of Credit (HELOC)
Establish a Line-of-Credit for planned events and/or unexpected expenses using the available equity in your home. We'll even pay your closing costs* with a minimum advance of $10,000.  Use your recent appraisal or tax assessment and borrow up to 90% of the market value of your home minus the current amount owed on the property.  Plus, you'll receive FREE HELOC checks so you can access your line of credit when it's convenient for you.

*Excluding appraisals.  HELOC must carry a balance for at least 24 months or closing costs will be refunded to RPEFCU.

Unimproved Property (Lot Purchases)
Looking to purchase land to build your dream home one day? We offer fixed rate financing for up to 10 years and will loan up to 80% of the land's appraised or tax assessed value.