Valley National Bank is a regional bank headquartered in New Jersey.  Valley National Bank operates 195 bank branches throughout northern and central New Jersey, Manhattan, Brooklyn and Queens.

Valley National Bank offers a wide range of deposit products, mortgage loans and cash management services to consumers and businesses.

Valley National Bank offers several home loan programs ranging from fixed rate mortgages to adjustable rate mortgages to jumbo home loans and FHA loans.  The fixed rates loans offered by Valley National Bank are available with terms of 10, 15, 20, 25 and 30 years. 

Valley National Bank also offers a bi-weekly mortgage which requires the borrower to make payments every two weeks, with each payment approximately half of a monthly payment.  The Valley National Bank bi-weekly mortgage helps home owners build equity in their home faster and saves money over the long term.

Applying for a mortgage loan can be a daunting task.  The Valley National Bank website and the loan officers employed at Valley national Bank will provide information that will let you know what documents are needed to be approved for a loans and what loans may be best for your individual position.

Mortgage loans at Valley National Bank include the following mortgage rates and terms:

15 year fixed rate mortgage to purchase a home has a mortgage rate of 4.50% with no pints and an APR of 4.602%.

A 15 year mortgage for a refinance has a mortgage rate of 4.625% with no points and an APR of 4.726%.

30 year fixed rate mortgage to purchase a home has a mortgage rate of 5.125% with no pints and an APR of 5.185%.

A 30 year mortgage for a refinance has a mortgage rate of 5.250% with no points and an APR of 5.311%.

A 30 year jumbo loan to purchase a home has a mortgage rate of 5.500% with no points and an APR of 5.512%.

A 30 year jumbo loan for a refinance has a mortgage rate of 5.625% with no points and an APR of 5.637%.

Mortgage rates and terms are subject to change without notice. For confirmation for current mortgage rates and loan programs, contact a Valley National Bank mortgage representative at 1-800-225-5859.  The bank also has an online inquiry from on their website to reach a mortgage representative.

The mortgage rates and APRs listed are based on an owner occupied, primary residence with a $100,000 loan amount and a purchase price of $125,000 with the exception of the jumbo loan rates and APRs which are based on a $500,000 loan amount and a purchase price of $1,000,000.

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