Make It Happen…

Get the money you need for any good reason. Consolidate bills, make home improvements, purchase a new vehicle or pay for an education. Simply choose the low interest Home Equity Loan or Line of Credit you need. Your credit union covers all or most of the closing costs. Even better, the interest is usually tax-deductible.*

Closing is fast and easy too In most cases, it takes only 30 to 45 days and can take place at home or at the Credit Union office Home must be owner occupied.

Home Equity Line of Credit

A Home Equity Line of Credit from Hudson River Financial allows you to draw funds using the equity in your home as you see fit during the 5 year draw period.

Fixed Rate Home Equity Loan

Your rate and monthly payment is fixed for the term of your loan. It’s the right choice when you want to know exactly how much your payment will be every month.

Home Equity Variable Rate Loan

Borrow the money you want at a great variable low rate. Your rate has a floor of 4.00% APR and is adjusted once every year. Choose a term up to 20 years and borrow from $10,000 up to 75% of your home’s value.

Applying Is Fast & Easy

If you need help choosing the best home equity loan option for your budget, call or stop by the credit union. You can also apply online.

Home Equity Rates

Info and/or TermsAPR*
Home Equity Line of Credit
4.0% Floor
5 Year draw period with repayment followed by a 10 year repayment period
as low as5.00%
10 Year Fixed Term
Minimum Loan Amount $10,000
as low as5.50%
4.0% Floor
2.0% Margin Over 1 Year Treasury (20 Year Amortization) 1 Year Reset
Minimum Loan Amount $10,000
as low as 4.00%
**Home Equity Line of Credit APR is calculated based on the Prime Rate as of January 1st & July 1st plus a margin of 0.00% or as high as Prime Rate plus a margin of 1.50%. 75% loan to value maximum and a minimum line amount of $10,000.


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