Pay Less to Borrow with MHV


 No Application or Origination Fees

 No Pre-Payment Fees

 Get Your Funds Typically the Same Business Day

Get Started in 4 Simple Steps

Step 1

COMPARE OUR PERSONAL LOAN OPTIONS
RATES AS LOW AS

Personal Loan

Ideal for those looking to borrow money for a one-time expense. You will receive a lump sum with a fixed rate, fixed monthly payment, and no hidden fees.

6.74%

APR*
Line of Credit

Ideal for those looking to have immediate access to funds for expenses or overdraft protection, all with no hidden fees. You only pay interest when you have an existing balance.

12.99%

APR*
Debt Consolidation

Ideal for those looking to consolidate higher rate debt into one fixed rate, fixed monthly payment, and no hidden fees.

6.74%

APR*
View More Rates

*Rates effective 3/1/19. Click 'View More Rates' for additional terms and conditions. 

Personal Loan rates range from a minimum of 6.74% to a maximum of 11.24% APR with terms ranging from 1 month minimum to 60 months maximum. Advertised rate based on credit qualifications. Rates will generally be higher for longer-term loans. No application or pre-payment fees apply. For example: 36 monthly payments of $30.72 per $1,000 borrowed at 6.74% will have a total cost of $1,107.32.

Are you paying more than 17%?

Compare an MHV Personal Loan Vs. a Credit Card

MHV Personal Loan High-Interest Credit Card
Balance $10,000 $10,000
APR 6.74% 17.53%
Monthly Payment $307.58 $307.58
Time to Pay Off 36 Months 45 Months
Fees No Fees Up to 5% Transfer Fee
Interest & Fees $1,073 $4,164
Savings $3,091

SAVE AN ESTIMATED $3,091 BY CONSOLIDATING YOUR CREDIT CARD DEBT TO AN MHV PERSONAL LOAN

**Average credit card APR as stated by bankrate.com as of 10/27/18.

Use a Personal Loan to fit your needs:

Consolidate Debt

Erase credit card debt and save hundreds on interest charges.

Vacation

Make that dream destination a reality!

Home Improvement

Renovate and refresh without tapping into your home’s equity.

Tuition

Put higher education within your reach.

Medical

Avoid charging unforeseen medical expenses to high interest rate credit cards.

Wedding

Finance the celebration of lifetime!

Step 2

Calculate Your Monthly Payment

PAYMENT PROTECTION

Our Payment Protection covers the loan from financial burdens if a protected life event such as disability, loss of life, or involuntary unemployment happens to you. To calculate how much it would cost to add payment protection to your loan click here.***

Step 3

Getting a Personal Loan is Quick & Easy

Apply Now
Have a Question? We’ll Contact You
Or call us at 845.336.4444

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

I’ve been a member for 40 plus years and have never had an issue with anything at MHV.

Gary B.

I love the ease of banking close to home, the many opportunities to get loans, and the wonderful people who work at the branches.

Angela M.

Frequently Asked Questions

STILL HAVE MORE QUESTIONS?



**APR = Annual Percentage Rate. Rates stated on the Federal Reserve System website  http://www.federalreserve.gov/releases/g19/current/#A13 as of 2nd Quarter 2018. The rate comparison provided is for illustrative purposes only.
***MEMBER’S CHOICE™ Borrower Security is a debt protection product offered by Mid-Hudson Valley Federal Credit Union. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact us for additional information on benefit maximums, eligibility, and limitations. DPGAP-0709-45A3*MEMBER’S CHOICE™ Borrower Security is a debt protection product offered by Mid-Hudson Valley Federal Credit Union. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact us for additional information on benefit maximums, eligibility, and limitations. DPGAP-0709-45A3