The Bank of Marion • New River Valley

We're the bank with the locally made, locally serviced

NO DOWN PAYMENT HOME LOAN!

And we don't require private mortgage insurance, which could mean thousands of dollars in cost savings.

 

A new approach to home financing has come to the New River Valley.

Buying a home is now easier than ever!

 

Our local, in-house home loans are made here and serviced here by our experienced and helpful loan specialists. Our leadership in mortgage lending is evidenced by our 100% No Down Payment home loan and we’re proud to bring that loan product and others to the New River Valley. Our interest rates are very competitive – among the lowest you will find anywhere. We pride ourselves in quick approvals and rapid closings.

Advantages of financing with us:

 
  • No Private Mortgage Insurance (PMI) is required.
  • Low or NO Closing Costs (taxes, insurance, and recordation charges excluded.)
  • We even reimburse the amount of your appraisal fee payment after your home loan closes.
  • Up to 30-Year Fixed Rate Loans.
  • Adjustable-Rate Loans (ARMs)
  • First time home buyers benefit from our generous qualification requirements.
  • We may be able help you buy a new home before you sell your current home.

 

The Bank of Marion, New River Valley building.

The Bank of Marion
New River Valley

220 West Main St.
Radford, VA 24141
Telephone: 540.744.1005

 

Mark Arney

Mark Arney

Branch Manager/Loan Officer
NMLS#105258
Email Mark

 

Apply online, call us, or come see us.

 

Online Application button

Submit a mortgage application online for FREE to see if you qualify.

Contact Form button.

To speak with someone about your specific situation, please use our Contact Form.


SEE US FOR THE BEST HOME LOANS!

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100% FINANCING WITH OUR NO DOWN PAYMENT HOME LOAN

Our local, in-house, No Down Payment Home Loan is made here and serviced here by our experienced and helpful loan specialists. For those with excellent credit scores. Your choice of a fixed rate or adjustable rate loan.

No Private Mortgage Insurance (PMI) is required.
 

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UP TO 30 YEAR FIXED RATE LOANS

Fixed rate loans offer rate stability over the life of the loan.
 

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UP TO 100% CASH-OUT REFINANCE

If you’re looking for a better home loan or looking to turn the equity in your home into cash, our Cash-out Re-fi Home Loan is for you. It pays you the difference between your current mortgage balance and your home’s appraised value. Use your cash for whatever you wish.
 

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LOW RATES

Our home loan interest rates remain at near historical lows. Now is a great time to buy a home.
 

 


LOW CLOSING COSTS. QUICK APPROVALS. QUICK CLOSINGS.
Saving our home loan customers time and money is what we do. 
(Taxes, insurance, recordation charges excluded.)
 

 

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ADJUSTABLE RATE LOANS (ARMS)

An adjustable rate loan typically offers a lower initial rate that adjusts periodically over the life of the loan.

 

 

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FIRST-TIME HOME BUYER LOANS

Many would-be first-time home buyers are intimidated by the home loan process. We simplify it. And we often find ways that first-time home buyers can afford the home they thought would be out of their reach.

 

 

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HOME LOAN REFINANCING

We help a lot of people who found themselves in problem home loans from other lenders. We like to solve these problems. If you are unhappy with your home loan, let us help you with a trouble- free re-fi.

 

 


HOME EQUITY LOANS

The equity in your home may be worth a line of credit that you can use for home repairs, remodeling and other improvements.


 

DISCOVER WHY WE’RE THE HOME LOAN LEADER!

Our Regional Mortgage Center is the heart of our home financing process. The Center handles the required forms and paperwork for all of our branch loan officers.  This allows your personal loan officer the time to take care of you and your needs and concerns.

 


Subject to credit approval.

Some restrictions may apply.

 

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