If you are looking to purchase a home, or refinance your existing mortgage, you can be sure that the credit union is here to help you every step of the way. Like the thousands of homeowners that have financed a mortgage with Hudson Valley Credit Union, you can feel confident knowing you will receive personalized, one-on-one service that is unmatched by other national (and local) lenders.
It’s also important to educate yourself and shop wisely when financing a home. We make it easy for you to learn more about the mortgage process, even if you’re not ready to apply right away. So go ahead and kick the tires and take advantages of all our online resources. When you’re ready to take the next step, we’ll be there to help you all along the way.
FREE Home Financing Guide
Whether you are a first-time home buyer or purchasing another home, it is always a good idea to be prepared. Download our Home Financing Guide for more information about the mortgage process, including how to apply for your mortgage and choose the right loan, a list of steps to mortgage financing, what types of documents you should prepare, and more.
What to Expect with an HVCU Mortgage
- Low mortgage rates
- Low down payment options
- Free pre-approvals
- Fast turnaround
- Low closing costs
- No mortgage pre-payment/payoff penalties
- In-house account servicing
- Local decisioning
Homebuyer Dream Program1 – Get Up to a $15,000 Grant to Help You Purchase Your First Home!
The Homebuyer Dream Program (HDP) is a grant program offered to eligible first time homebuyers that provides up to $15,000 on a first come first serve basis. Grant money can be used to pay up to $14,500 towards down payment and closing costs and $500 as credit towards an approved homeowner counseling program. This grant program is through the Federal Home Loan Bank of New York (FHLBNY). Learn more about the Home Buyer Dream Program.
Schedule of Mortgage Servicing Fees
Each county charges a satisfaction fee when you pay your mortgage in full and this fee will be passed on to you. Satisfaction fees range from $60.50 to $750.00 depending on the county in which the property is located. Your actual satisfaction fee will be determined at the time of the payoff and the property location.