10-30 Year Conventional Mortgage

landscaped homeA Conventional Mortgage is a loan that conforms to established guidelines for the size of the loan and your financial situation.

Monthly principal and interest payments on a conventional fixed-rate mortgage remain the same for the life of the loan making it an attractive option for borrowers who plan to stay in their home for several years.




A-frame cabinHave you dreamed about owning your own recreational getaway, a place to call "home away from home?"

MVFCU can finance the cabin or recreational property that your family has always wanted!

Loans made under our in-house programs will be serviced by the good folks right here at MVFCU. You will never have a pre-payment penalty on any loan made with MVFCU! 



Owner/Builder Construction


house being framedAlaska MVFCU members are able to apply for a construction loan as an owner-builder. Typically, the owner-builder will personally manage or significantly participate in the construction of their new home.

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Alaska Housing Finance Corporation (AHFC)

Alaska Housing Finance Corp logoMVFCU partners with Alaska Housing Finance Corporation. AHFC’s mission is to provide Alaskans access to safe, quality, affordable housing. Contact us to discuss your home financing options through AHFC.



open landMVFCU can finance your dream property! Loans made under our in-house programs will be serviced by the good folks right here at MVFCU. You will NEVER have a pre-payment penalty on any loan made with MVFCU!

Property must be vacant land located within Matanuska Susitna Borough, Municipality of Anchorage or, in Hawaii, on the islands of Oahu, Maui, Hawaii, or Kauai.

Property must be accessible by road.



Jumbo loans, as indicated by their name, are larger than conventional mortgages and classified as non-conforming.  The reason for the distinction, aside from their cost, is their underwriting guidelines.  For some jumbo loans, the underwriting process might require getting more than one appraisal to verify the actual value of the property.  And the borrower may have to undergo even more financial investigation and submit more paperwork than normal to be approved.


Veteran Affairs (VA)

veteran_holding_daughterA VA loan is a mortgage loan made by MVFCU and guaranteed by the Department of Veterans Affairs. These loans are made available to veterans and current military personnel, and usually require a lower down payment than other types of loans.


Home Equity Line of Credit

couple in front of homeHome Equity Line of Credit (HELOC), or simply "home equity line." It is a loan set up as a line of credit for some maximum draw, rather than for a fixed dollar amount.

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USDA Rural Development Loans

usda logoHome loans to help members to become homeowners. 

When you purchase a home in the Matanuska Susitna Valley it is possible that it qualifies for financing under the USDA Rural Development loan program. This loan program is an income driven program designed to promote home ownership in more rural areas of Alaska and Hawaii.

USDA loans require 0% down-payment and have lower Mortgage Insurance than standard Conventional or FHA loans.


Please contact an MVFCU loan officer for more information, or to request an application to be sent to you via mail or email.


  • All rates and terms are subject to change without notice.
  • Property must be located in the State of Alaska or Hawaii.
  • The property must be either a primary residence, a second home or a 1-4 residential investment property.
  • The primary borrower must be an MVFCU member or able to become an MVFCU member prior to closing of the loan.
  • MVFCU is an approved lender for Alaska Housing Financing Corporation.
  • MVFCU is an approved lender for USDA.