Let’s Get You Home

Whether you’re looking to purchase a home for the first time or make upgrades to your current home, HHFCU has you covered. We offer competitive rates on our mortgages, loans, and lines of credit. However, we feel the truest value we can offer you is the time our team takes to learn about you. We strive to find what you are looking to achieve and your current situation, so we can offer you the best, most personal options available.

What interests you?

Mortgages made for you

Whether it is a conventional 30 year mortgage, FHA, or VA loan, look to HHFCU to guide you  through the mortgage process easily and with an eye towards your goals. With excellent rates and fast, friendly service let Hudson Heritage help – we’re easy to do business with!

Type of First MortgageRateAnnual Percentage Rate (APR)*
Fixed Rate 30 Year Mortgage23.875%3.997%
Fixed Rate 20 Year Mortgage23.750%3.872%
Fixed Rate 15 Year Mortgage23.250%3.372%
Fixed Rate 10 Year Mortgage33.250%3.372%
Three/One Adjustable (3/1) Arm13.250%3.372%
Five/One Adjustable (5/1) Arm13.250%3.372%
Seven/One Adjustable (7/1) Arm13.375%3.497%

Mortgage Disclosures

*APR = Annual Percentage Rate.  All extensions of credit are subject to credit approval. Rates shown are the lowest rates offered for the loan products advertised. Applicants that are not approved for these loan rates or terms may be offered credit at a higher term and/or rate. All terms and conditions are subject to change without notice. Offers may be withdrawn at any time.

1 ARM = Adjustable Rate Mortgage. Rates on 3/1 ARMs are fixed for the first three years and subsequently subject to change annually. Rates on 5/1 ARMs are fixed for the first five years and subsequently subject to change annually. Rates on 7/1 ARMs are fixed for the first seven years and subsequently subject to change annually. Adjustable rate mortgages have an annual rate cap of +/- 2% and a lifetime rate adjustment cap of +/- 6%. The maximum Annual Percentage Rate (APR) that may be imposed is 6% over the Initial rate and is subject to credit union lending guidelines.

2 As an example: A 360 month term at a fixed rate of 3.75% with a 60% LTV would be $46.32 for each $10,000 borrowed.   

3 Must be 1st lien position; appraisal is required. Must be 1- to 4- family dwelling, no manufactured homes. Maximum loan amount is $417,000. Example: a 120-month term with a 60% loan-to-value with a fixed rate of 2.79% would result in an estimated payment of $95.60 for each $10,000 financed.  

Rates effective 6/30/2017

Let’s make some improvements together

Take advantage of the equity in your home with Home Equity Loans and Lines of Credit from Hudson Heritage. We’ll help you finance home improvements or other major expenses. Whether you’re making home improvements, buying a car, paying for college, or paying off unplanned expenses. We have the Home Equity Loan and Line of Credit options to help you get more out of your home.

Type of LoanTermVariable APR*Fixed APR*
Fixed Home Equity Loan1Up to 60 MonthsN/A4.50%
Fixed Home Equity Loan161 to 120 MonthsN/A4.75%
Fixed Home Equity Loan1121 to 180 MonthsN/A4.99%
Fixed Home Equity Loan1181 to 240 MonthsN/A5.49%
Home Equity Line of Credit2,3,410 Year Draw, 15 Year Repayment3.75%N/A

HELOC Disclosures

*APR = Annual Percentage Rate.  Rates are effective as of the date listed above. Rates are subject to change without prior notice. All extensions of credit are subject to credit approval.  Rates shown are the lowest rates offered for the loan products advertised.  Applicants that are not approved for these loan rates or terms may be offered credit at a higher rate and/or different terms.  All rates are subject to change without notice. Home Equity Loan rates quoted include a .50% reduction for members who pay their loans through automatic transfer from a share or share draft account. Certain loan restrictions may apply, contact the credit union at 845-561-5607 for further details.

1 As an example: a 180-month term and a 70% total loan-to-value for a home equity loan with a fixed rate of 6.25% APR would result in an estimated payment of $8.54 for each $1,000.00 financed.

2 Subject to a 3.00% floor rate.

3 The maximum Annual Percentage Rate (APR) that may be imposed is 18%.

4 There are certain draw down, balance requirements, and loan-to-value restrictions which may apply. For variable-rate loans, the APR may increase after consummation.  Home Equity Lines of Credit closed out prior to their anniversary dates will be subject to the addition of all waived closing costs to the payoff balance. Contact the Credit Union at 845-561-5607 for further details.

Mortgages FAQ

To apply for a loan with Hudson Heritage Federal Credit Union you must live, work, worship, volunteer or attend school in, or be a business or other legal entity located in Orange, Dutchess or Ulster Counties, New York or have an immediate family member who is already a member of Hudson Heritage Federal Credit Union. You will be required to become a member prior to loan closing with a $5 initial deposit in a savings account.  Get started with your loan application online or visit us at your nearest branch, which can be found here. If you need more information, contact us.

HHFCU offers a variety of mortgage loans to best fit your needs. Please refer to the mortgage loans table for more information.

The rate for a mortgage varies depending on the type of mortgage, ranging from 3.250% to 3.875%. Please refer to the mortgage loans table for more information.

The APR for a mortgage varies depending on the type of mortgage, ranging from 3.372% to 3.997%. Please refer to the mortgage loans table for more information.

An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan. Less risk to the lender means more flexibility in guidelines, down payment requirements and most often lower rates.

A VA loan is a mortgage loan guaranteed by the United States Department of Veterans Affairs (VA). The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses.

A 30-year fixed-rate mortgage is a popular program because it amortizes a mortgage loan over the longest period for lower payments. It’s also the best security against rising mortgage rates. If you’re staying in your home for 5 years or more, a 30-year fixed mortgage offers you the opportunity to keep payments consistent for the duration of the loan. Your monthly payment is based on your interest rate, your principal loan amount, and your actual interest amortized over 30 years.

HELOC FAQ

To apply for a loan with Hudson Heritage Federal Credit Union you must live, work, worship, volunteer or attend school in, or be a business or other legal entity located in Orange, Dutchess or Ulster Counties, New York or have an immediate family member who is already a member of Hudson Heritage Federal Credit Union. You will be required to become a member prior to loan closing with a $5 initial deposit in a savings account.  Get started with your loan application online or visit us at your nearest branch, which can be found here. If you need more information, contact us.

HHFCU offers a variety of HELOC loans to best fit your situation. Please refer to the HELOC loans table for more information.

The terms for a HELOC vary depending on the type of loan, ranging from 5 years to 20 years. Please refer to the HELOC table for more information.

The APR for a HELOC varies depending on the type of loan. Please refer to the HELOC table for more information.

The fixed APR for a HELOC varies depending on the type of loan, ranging from 3.99% to 5.49%. Please refer to the HELOC table for more information.