Young couple in their new home unpacking boxes

First home? Not as scary as you thought

Here's how to navigate the mortgage process like a pro:

As if buying a house wasn’t huge enough, there is SO MUCH information to weed through. What kind of mortgage is best? What credit score do I need? Does pre-approval matter?

Partner with a lender that doesn’t just give you a mortgage. They give you the knowledge you’ll need to master the mortgage process.

A lender like MHV.

Mortgage application with keys

I Don’t Even Know What Kind of Mortgage I Need

The good news?

You don’t need to. You’ll work with a Mortgage Expert who’ll get you to the mortgage that’s right for you. You’ll have access to:

$0 Down Mortgages

Don’t let down payment intimidation stop you. This $0 down mortgage gets you home without stressing about savings thousands first.

Conventional Mortgages

This is the traditional mortgage type. Your interest rate stays the same throughout the mortgage. You’ll pick a term – or amount of time to pay it off – which is typically 15 to 30 years.

Adjustable Rate Mortgages

Adjustable Rate Mortgages, or ARMs, have a variable interest rate that will change at specific times throughout the mortgage. People who choose ARMs want to take advantage of a lower initial interest rate.

But is MHV The Best Option for My First Mortgage?

So what makes MHV different? Aside from working with a mortgage expert who lives right here in the Hudson Valley, partnering with MHV unlocks:

  • House icon with dollar sign

    Home Buyers Dream Program

    Get up to $9,500 towards your down payment or closing costs of your first home.
  • Money bag with coins

    Down Payment Assistance Loan (DPAL)

    A grant for up to 3% of the purchase price to use towards your down payment. Provided by the State of New York Mortgage Agency (SONYMA).
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    Fannie Mae Home Ready

    A mortgage program that requires only 3% down and allows co-signers that don’t live in the home.
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    Fannie Mae 3% Down

    Similar to the Home Ready Program, but with no income restrictions.

How Will I Know What to Expect? 

The mortgage process can feel…mysterious. And complicated. And long. Unlike a car loan or personal loan, mortgage applications are complex and can take 30-45 days to finalize. Here’s what you can expect from us:

You'll work with a Mortgage Expert licensed by the NMLS. Your Expert works with you to:

  • Identify which mortgage option will work for you
  • Determine any applicable homebuying programs you may qualify for
  • Get your pre-qualification locked in

You've found a house! Now it's time to submit your application. Your paperwork is reviewed by our Processing team to ensure all applicable documentation is included. You'll be kept up-to-date on the status of your application and if any additional information is needed.

Once the application is complete, it heads to an underwriter. The underwriter will review your application and make a decision on approval.

Congratulations: your closing date is scheduled. Once you close, you're a homeowner!

Imagine Feeling Completely Confident Instead

Your mortgage expert is part of a team with almost 100 years combined experience. So you know you’ll get the kind of guidance that makes you feel confident in your homebuying decisions.

  • Credit score icon


    Credit is one of the biggest questions homebuyers have. Is your score good enough? Your Mortgage Expert helps you understand what your score qualifies you for.
  • Pre-approved icon


    Today’s sellers want to know you’ve got a pre-approval. Learn what pre-approval means for you…then your Mortgage Expert will get you locked in so you know exactly how much house you can shop for.
  • Application icon


    Navigate the application process with ease. Mortgage applications are more involved than personal or car loan applications. But you’ll navigate it like a pro because your Mortgage Expert has set clear expectations.
  • Information icon

    Stay Informed

    Rely on regular updates to stay informed. No matter how smooth the process, nerves will set in. Timely information helps keep uncertainty at bay.

Meet Your Local Expert

Work with local experts to guide you seamlessly through the mortgage process. Your Mortgage Expert is part of a team with 100 years of mortgage experience.

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

Business/Mortgage Development Officer

Email: [email protected]

Branches Covered:
Peekskill & Westchester County
NMLS #: 724128

Visit Jose's Website

Rick Farrow

Rick Farrow

Mortgage Originator

Email: [email protected]

Branches Covered:
Newburgh & Rockland County
NMLS #: 800674

Website Coming Soon!

An awesome experience

  • Denise Quinn in the mortgage department went above and beyond to assist and getting my mortgage.
    A. Williams
  • Whether a simple small transaction to even getting a mortgage [it’s] an awesome experience. The entire team there is so polite, friendly, professional and courteous.
    J. Burns
  • Bill Walsh really cares! Always answers phone, questions and email.
    M. Almanzar

Commonly asked questions about mortgages

  •  SONYMA mortgage is a mortgage through The State of New York Mortgage Agency (SONYMA). SONYMA specializes in mortgage programs to assist first-time homebuyers and those meeting certain income qualifications who are purchasing a home in New York State.         

    Click here for the home buyer programs we participate in.

  • Please visit our Rates page for today's mortgage rates. 
    • First, you will know exactly how much house you can afford. This will help you focus your search and use your time more efficiently.
    • Getting pre-qualified gives you buying power because the seller knows you have financing lined up, making you more attractive to them.

    Learn more about mortgages and get pre-qualified here.

MHVFCU NMLS # : 411955