Our branch lobbies are now open with limited hours and new lobby procedures. Please visit our COVID-19 information page for additional information.
Effective Tuesday, December 1st through Tuesday, December 8th, the Credit Union Center (CUC) Main Kingston Branch will have reduced hours of 9am-5pm for drive up and lobby transactions. Normal operating hours of 8am-6pm will resume on Wednesday, December 9th. Personal Teller Machines are available from 8am-8pm in the CUC vestibule 7 days a week.
Getting pre-qualified proves that you’ve already lined up financing and have the ability to go through with the sale, which makes you a more attractive buyer to sellers.
You can apply within 15 minutes with our quick and easy online application. You can even upload documents through our portal.
An MHV Mortgage Expert can answer any questions you have and will guide you through the entire mortgage process.
Rates Current as of 12/1/2020
This grant provides up to 3% of purchase price for your down payment. The amount is forgiven if you stay in your home for at least 10 years. Income restrictions apply. Exclusive to first time home buyers.
This program provides up to $14,500 towards the down payment or closing costs of your first home. Can be combined with DPAL. Must be enrolled in a First Time Homebuyers Education course. Funds are available on first-come, first-served basis and may be exhausted later in the year. Income restrictions apply.
This grant provides up to $20,000 to fix up a home, if work is needed. Can be combined with DPAL and Home Buyers Dream Program. The amount is forgiven if you stay in your home for at least 10 years. Income restrictions apply.
This program, offered through Fanny Mae, allows for a 3% down payment. The borrower does not have to qualify on their own and any co-signer does not have to reside in the home. Income restrictions apply.
This program allows for a 3% down payment. Unlike the Home Ready program, there are no income restrictions. At least one borrower must be a first time homebuyer.
There are a few ways you can get prepared. We’ll guide you through some considerations before you apply.
Use our calculator to determine your monthly payment.
Getting pre-qualified will tell you how much you can borrow so you can shop for your new house with confidence.
An MHV Mortgage Expert can help recommend a trusted Real Estate Agent to help you find and negotiate the price for your new dream home.
The closing is the last step in buying and financing a home. At your closing appointment, the Mortgage is finalized and the title of the house is transferred to you. You officially become a home owner!
Download our free guide, “Your Journey to Homeownership”, to provide you with the knowledge you need to start on the path to homeownership. Whether you’re buying your first or second home, we’ll guide you through the process so you can feel confident and empowered to get started.
Visit Don's Website Branches Covered: Kingston, Saugerties, Woodstock & Westchester County NMLS #515614
Visit Bill's Website Branches Covered: Red Hook, Rhinebeck, LaGrange, Poughkeepsie & Putnam County NMLS #454307
Visit Denise's Website Branches Covered: Middletown, Fishkill & Rockland County NMLS #454310
Visit Tim's Website Branches Covered: Newburgh & Port Ewen NMLS #454311
Visit Sean's Website Branches Covered: Highland, Hurley Ave. & Sullivan County NMLS #184229
You may submit these documents through our Application portal
Last 2 years W2's and 2 current paystubs evidencing at least 30 days of year to date income If self employed: Last 2 years signed tax returns with all schedules Last 2 months bank statements for all savings and checking accounts
Before closing, it is recommended that you do a final walkthrough of the home to ensure its condition has not changed and that any features that were supposed to be included in the sale are still in place. On the closing day, the Mortgage is finalized and the title of the house is transferred to you. Here are some tips:
Ask questions until you feel comfortable with everything.
Determine who will conduct your closing, the location, time and date.
Ask the person who will conduct your closing what to expect at closing.
Ensure you’ve received your Closing Disclosure three business days before closing.
Arrange your payment for the amount due at closing via wire transfer or bank check.
Confirm how your property taxes and homeowner’s insurance will be paid each year.
Take all the time you need. You have a right to read and understand your closing documents, no matter how long it takes.
They are very helpful and they offer very professional service. Every time I have a question about anything, it gets handled quickly and efficiently.
MHV has easy access to local branches, extended hours teller machines, competitive rates on loans and mortgages, and easy loan application process. Good quality of service!
Rates, terms and conditions subject to change without notice. All loans subject to credit approval. *APR=Annual Percentage Rate. All loans subject to approval. Rates, terms, and conditions are subject to change.