Valley First

Magic Mortgage

This mortgage is for you if:

  • you want to save thousands of dollars in interest and live debt free sooner.
  • you want the convenience of deciding on where to spend your credit as you go.
  • you want flexibility in paying off your mortgage.


Key Features & Benefits

  • Available with all Valley First mortgage products. You consolidate your mortgage, credit card debt and any other loans you may have into one customizable, re-advanceable account.
  • You can borrow up to 80%* of the value of your home and use the funds to consolidate other debts.
  • You can split your mortgage into sections with different term lengths and interest rates.
  • You'll get flexibility in choosing your repayment terms: choose open or closed, fixed or variable
  • You can do advances any time – whether its 7 months from now or 8 years.
  • You only pay the legal fees once.
  • You can choose to buy a car, pay for home renovations, make investments or go on a dream vacation—all from the same mortgage umbrella.

*Maximum of 65% LTV can be structured as a non-amortizing line of credit.


What You'll Need

  • To apply for a Magic Mortgage, you'll need to be at least 19 years of age in order to sign all the legal stuff.

Ready to apply? Applying for a Magic Mortgage with us is simple.


Applying for a Magic Mortgage online just takes a few minutes and just a couple of easy steps!

In Person

If you're more comfortable coming in to see us, we'd be happy to open a new account for you or make changes to your existing account with us.

By Phone

If you’d like to call us, here is a complete list of our branch and insurance office numbers.