Lending - Real Estate Loans
Victory Loan
- Excess acreage or land value
- High ratios
- Self-employed less than 2 years
- Purchases requiring repairs or additions
- Investment property / mixed use
- Up to 90% LTV
- No mortgage insurance
Construction Loan
- Up to 90% LTV
- We do not require full time builder if borrower has demonstrated knowledge and ability
- Great service, quick turnaround on draws
- Provide extended lock availability
Bridge Loan
- Low cost
- Up to 90% LTV
- Interest paid when home is sold or upon maturity
- Will payoff existing mortgage
Blanket Loan
- Will use existing property as collateral for down payment
- Upon release of either property as collateral, loan can be modified without refinancing
Purchase Money Second Loan
- 15 year fixed or 5/1 ARM with 30 year amortization
- Up to 95% LTV
- When 1st mortgage is made by Victory Mortgage or Victory Community Bank
Investment Property
- Up to 12 units
- Up to 85% LTV
- 2/1 ARM or 5/1 ARM
Rapid Approval
Victory Community Bank will provide you with a pre-approval.
For your convenience, you may submit your Financial Profile for your pre-approval as follows:
- Fax a completed profile to (859) 341-2285.
- Complete our financial profile online and email it to us.
- Call us directly at (859) 341-BANK between the hours of 9:00 and 6:00 and talk with one of our experienced Loan Officers.
Real Estate Loan Specialtists
Our loan specialists will review your financial profile and contact you within a few hours with a pre-approval status. Once pre-approved, we will request the necessary documentation needed to move forward with the loan application. After our final review we can issue a formal approval letter.
Jack Kenkel (859) 341-7100
