IS this no-EQUITY LOAN RIGHT FOR ME?
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
No Equity Required
Terms up to 10 Years
8.00% Interest Rate
8.00% APR*
4 steps to get started
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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
Calculate
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
Get Prepared & Apply
There are a few ways you can get prepared. We’ll guide you through some considerations. -
4
Close
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.
CALCULATE YOUR EQUITY EDGE LOAN PAYMENT
Use our Equity Edge Loan Calculator to estimate your monthly payment.
READ THE ULTIMATE GUIDE TO HOME IMPROVEMENTS
Smart tips for home improvements to help you get started planning your next project.
Here's What Your Home's Equity Can Be Used For
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
Mortgage Originator
Phone: 914.474.5194
Email: [email protected]
Branches Covered:
Poughkeepsie & Putnam County
NMLS #: 454307
Visit Bill's Website
Guy Greco
Mortgage Originator
Phone:845.802.4072
Email: [email protected]
Branches Covered:
Kingston, Saugerties & Woodstock
NMLS #: 2213002
Visit Guy's Website
Danielle Crossen
Mortgage Originator
Phone:845.418.9263
Email: [email protected]
Branches Covered:
Highland, Port Ewen & Hurley Ave.
NMLS #: 1678247
Visit Danielle's Website
Tom Scott
Mortgage Originator
Email: [email protected]
Branches Covered:
Red Hook &Rhinebeck
NMLS #: 965112
Visit Tom's Website
Tom McHugh
Mortgage Originator
Email: [email protected]
Branches Covered:
LaGrange, Fishkill,
Putnam & Westchester Counties
NMLS #: 697524
Visit Tom's Website
Denise Quinn
Mortgage Originator
Phone:845.522.3844
Email: [email protected]
Branches Covered:
Middletown, Rockland & Sullivan Counties
NMLS #: 454310
Visit Denise's Website
Jose Ortiz
Mortgage Originator
Phone:845.663.6243
Email: [email protected]
Branches Covered:
Peekskill & Westchester County
NMLS #: 724128
Hablo español
Visit Jose's Website
Rick Farrow
Mortgage Originator
Phone:845.527.2090
Email: [email protected]
Branches Covered:
Newburgh, Rockland & Sullivan Counties
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
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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.
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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
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Please visit our Rates page for our current rates
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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