Mortgage Refinance

Refinance and save.

Lower your rate, shorten your term, or tap into your equity. A refinance with MHV could mean real savings every month — let’s see what’s possible.

Apply Now to Refinance Have a question? We'll contact you
Lower your rate
Change your term
Cash-out options
Why MHV

Reasons to refinance

Lower Your Rate:

If rates have dropped since you bought, refinancing could lower your monthly payment; however, it may extend your loan term.

Change Your Term:

Shorten your term to pay off faster, or extend it to lower your payment.

Cash-Out Equity:

Access the equity you’ve built for renovations, debt consolidation, or big expenses.

Switch to Fixed:

Move from an adjustable rate to a stable, predictable fixed rate.

Run the Numbers:

Our team helps you weigh the costs and savings so the math makes sense.

Local Servicing:

Work with a Hudson Valley team from application to closing.

How it Works

How refinancing works

1

Review Your Goal

Tell us whether you want a lower rate, a new term, or cash out.
2

Apply

Submit your application and documentation with help from our team.
3

Appraisal & Review

We confirm your home’s value and finalize your new loan terms.
4

Close

Sign your new loan and start enjoying the benefits of your refinance.
Your Team

Meet Our Mortgage Experts

Our mortgage and equity experts will help you put your home’s equity to work for whatever comes next.

Bill Walsh professional headshot

Bill Walsh

Mortgage Originator
NMLS #: 454307
Dutchess

Branches Covered:

Poughkeepsie
Michael Riger professional headshot

Michael Riger

Mortgage Originator
NMLS #: 2662550
Westchester, Putnam

Branches Covered:

Peekskill
John Reidy professional headshot

John Reidy

Mortgage Originator
NMLS #: 408662
Dutchess, Putnam
Denise Quinn professional headshot

Denise Quinn

Senior Mortgage Originator
NMLS #: 454310
Rockland, Sullivan, Orange

Branches Covered:

Middletown
Tom McHugh professional headshot

Tom McHugh

Mortgage Originator
NMLS #: 697524
Putnam, Westchester, Dutchess

Branches Covered:

LaGrange Fishkill
Dan Lusignan professional headshot

Dan Lusignan

Mortgage Originator
NMLS #: 697521
Dutchess, Ulster

Branches Covered:

Red Hook Rhinebeck
Guy Greco professional headshot

Guy Greco

Mortgage Originator
NMLS #: 2213002
Ulster
Rick Farrow professional headshot

Rick Farrow

Mortgage Originator
NMLS #: 800674
Rockland, Sullivan, Orange

Branches Covered:

Newburgh
Shawn Simmons professional headshot

Shawn Simmons

Mortgage Loan Officer
NMLS #: 19601
Orange, Rockland, Ulster
Membership Advantage

Explore all your mortgage options

Whatever stage you’re in, MHV has a home financing path for you.

First-Time Buyer

Programs built for your first home.

First Time Home Buyer

Construction Loans

Build new from the ground up.

Construction Loans

Home Equity

Another way to tap your equity.

Home Equity Loan
Mortgage Refinance

Common questions about refinance

Refinancing can pay off when rates have dropped, when you want to change your term, or when you want to tap equity. The key is making sure your savings outweigh the closing costs.

A cash-out refinance replaces your mortgage with a larger loan and gives you the difference in cash, using the equity you’ve built in your home.

Refinancing involves closing costs similar to your original mortgage. Our team helps you calculate your break-even point so you can decide with confidence.

It can, depending on the term you choose. You can refinance into a shorter term to pay off faster, or a longer one to lower your monthly payment.