Couple on computer during home renovations

Equity Edge Loan

For those without equity in their home


Can I get an equity loan if I have little to no equity in my home? We don't require equity in your home to be approved - making this loan ideal if you've recently purchased your home and need to get some renovations or updates underway. Plus, we don’t require an appraisal and there are no closing costs.^

Today's Equity Edge Rate

Equity Edge Loan

white check mark  Loans up to $40,000
white check mark  No Equity Required
white check mark  Terms up to 10 Years

8.00% Interest Rate

8.00% APR*


  • No closing costs icon

    No Closing Costs^

    Enjoy absolutely no closing costs on Equity Edge Loans.
  • Flexible terms icon

    Flexible Terms

    Equity Edge Loans offer flexible terms between 5 and 10 years and amounts from $10,000 to $30,000.
  • Lower rate icon

    Lower Rate

    Equity Edge Loans include a fixed interest rate that is lower than the average credit card rate.

4 steps to get started

  1. 1

    Choose an Equity Edge Loan or Personal Loan

    We can guide you through the benefits of an Equity Edge Loan versus a Personal Loan to help you decide on the best option.
  2. 2


    Use our calculator to estimate your monthly payment. If you’re consolidating debt, this is a great way to compare your current monthly payments to your new single monthly payment.
  3. 3

    Get Prepared & Apply

    There are a few ways you can get prepared. We’ll guide you through some considerations. 
  4. 4


    The last step is to finalize all of the documents for your loan. You can either complete the 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.


Use our Equity Edge Loan Calculator to estimate your monthly payment.


Smart tips for home improvements to help you get started planning your next project.

Download Guide
Home Improvements eBook
A nice house

Here's What Your Home's Equity Can Be Used For

What can you do with the equity in your home? Find out how to use it, which is better, and how to qualify for either.
Learn More

Meet our home equity experts

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

Bill Walsh

Bill Walsh

Mortgage Originator

Phone: 914.474.5194
Email: [email protected]

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

Visit Bill's Website 

Guy Greco

Guy Greco

Mortgage Originator

Email: [email protected]

Branches Covered:
Kingston, Saugerties, Woodstock & Hurley Ave.
NMLS #: 2213002

Visit Guy's Website

Danielle Crossen

Danielle Crossen

Mortgage Originator

Email: [email protected]

Branches Covered:
Highland & Port Ewen
NMLS #: 1678247

Visit Danielle's Website

Tom Mchugh

Tom McHugh

Mortgage Originator

Phone: 845.363.8993
Email: [email protected]

Branches Covered:
LaGrange, Fishkill,
Putnam & Westchester Counties
NMLS #: 697524

Visit Tom's Website
Denise Quinn

Denise Quinn

Mortgage Originator

Email: [email protected]

Branches Covered:
Middletown, Rockland & Sullivan Counties
NMLS #: 454310

Visit Denise's Website

Jose Ortiz

Jose Ortiz

Mortgage Originator

Email: [email protected]

Branches Covered:
Peekskill & Westchester County
NMLS #: 724128

Hablo español

Visit Jose's Website

Rick Farrow

Rick Farrow

Mortgage Originator

Email: [email protected]

Branches Covered:
Newburgh & Rockland County
NMLS #: 800674

Visit Rick's Website

Ready to Get Started?

Submit the contact form and your home equity expert will get in touch. Together you'll discuss your options and identify the best solution for you. 


The whole process is a breeze

  • 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 M.-S.
  • My experiences with MHV has been great! The I recently applied for a Home Equity loan. The service was wonderful! Everyone that handle my loan was courteous, everything was explained no matter how many question I asked.
    Anna W.

Commonly Asked Questions About Equity Edge Loans

  • Please visit our Rates page for our current rates

  • An Equity Edge loan allows you to use your home to secure a loan before you’ve built up equity. Equity Edge loans often have a lower rate than a Personal Loan. Please visit our Equity Edge page for details. 

    For more information or to schedule an appointment with a Mortgage Originator please call us at 845.336.4444.

^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