Today’s Home Equity Rates as low as

HOME EQUITY
LOAN

4.625%

Interest Rate

4.629%

APR*

LOANS UP TO $125,000
BORROW UP TO 80% LTV
5 YEAR TERM
Home Equity Line of Credit

1.99%

6 month introductory rate

5.00%

APR*

thereafter (Prime - 0.25%)
for lines up to $175,000
Borrow up to 80% LTV

Equity
Edge Loan

6.875%

interest rate

6.878%

APR*

Loans up to $30,000
No Equity Required
Terms up to 10 years
*Rates effective 7/1/18. Click View More Rates for additional terms and conditions. 

How do you see Your Home’s Equity?

Our Home Equity Loan and Line of Credit Feature No Closing Costs!*

Let us Help you get the Money you Need in 5 Easy Steps

Step 1

Which Home Equity Option is Best for you?

Step 2

Get Prepared

Home Improvement Tips

Smart Tips for Home Improvements

Download our free guide, “Your Guide to Home Improvements”, to help you get started planning your next project.


STEP 3

CALCULATE YOUR MONTHLY PAYMENT

Meet the MHV Mortgage Team

With over 100 years of combined experience, our Mortgage experts will help guide you through the entire Home equity process.

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Don Spiro

845.332.5856

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Branches Covered:
Kingston, Saugerties & Woodstock
NMLS #515614

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Bill Walsh

914.474.5194

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Branches Covered:
Red Hook, Rhinebeck,
LaGrange & Poughkeepsie
NMLS #454307

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Denise Quinn

845.522.3844

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Branches Covered:
Middletown & Fishkill
NMLS #454310

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Tim Zwart

845.594.9056

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Branches Covered:
Newburgh & Port Ewen
NMLS #454311

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SEAN DYKHOUSE

845.208.1377

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Branches Covered:
Highland & Hurley Ave.
NMLS #184229

STEP 5

CLOSING

Mortgage Closing

Once the processing period is complete, it is time to close on your home equity loan. You can either complete the entire process in a branch, or you can sign most documents electronically ahead of time at your convenience. This will help ensure a much faster closing. Once the loan is closed, you have three business days to change your mind and cancel the loan, known as the right of rescission. You will receive your money on the 4th business day after closing.

See What the Mid-Hudson Valley has to say About us

When we were looking for a Home Equity product to finance our son's college education, we did do comparison shopping in the area. Working with the MHV staff was such a pleasant experience. The electronic pre-closing and final closing made the whole process a breeze. MHV truly understands the needs of families, the flexibility and features of their Home Equity products are much better than similar products available from other financial institutions in this area.

Man Mohan Singh

The staff is friendly and extremely helpful. They go the extra mile whenever I have any questions or concerns. I transferred my accounts from other banks to MHV without a hitch. I always feel very welcome when I stop in branch.

Kathryn M.

Frequently Asked Questions

STILL HAVE MORE QUESTIONS?

*Closing costs paid by the Credit Union may be recaptured if loan is closed/terminated within the first three years on loan amounts up to $175,000.