Unlock Your Home’s Equity
Your home is one of your greatest financial assets. At Mohawk Valley Federal Credit Union, we make it easy to tap into your accumulated equity to fund big goals, whether you are renovating your kitchen, consolidating high-interest debt, paying for tuition, or covering unexpected expenses.
Our local lending team will take a close look at your unique financial situation to match you with the home equity option that best fits your needs and budget.
Home Equity Loan Details
Flexible Borrowing Options That Match Your Plans
We offer two distinct ways to borrow against your home's equity, giving you the freedom to choose between a one-time lump sum or flexible ongoing access to cash.
Home Equity Closed-End Loans (Fixed-Rate): Receive your funds in a single lump-sum payout with a predictable fixed interest rate and fixed monthly payments. Ideal for major single-expense projects like a roof replacement, major renovation, or debt consolidation.
Personalized Guidance & Competitive Pricing
Local Decision-making With Member-first Value
Because every home and financial situation is different, our rates are tailored specifically to your project, credit history, and available equity.
Customized Loan Matching: We review your complete financial picture to ensure you get the best loan structure and term.
Competitive Rates: As a member-owned credit union, we keep fees low and interest rates competitive.
Contact Us Directly for Current Rates: Call our local loan specialists directly to get a personalized rate quote for your home equity request!
How to Get Started
Simple Steps to Apply for Your Home Equity Loan
Download the Application: Download and complete our Home Equity loan application form.
Speak with Our Loan Specialists: Contact our local team to discuss your property details, estimated equity, and current rate options.
Submit Your Application: Bring your completed application and supporting financial documents to our Marcy or Utica branch.
Need Assistance? Visit or Call Our Local Branches
We Are Here to Walk You Through the Home Equity Process Step-by-step
Marcy Branch
Address: 9212 River Road, Marcy, NY 13403
Phone: (315) 624-2950
Hours:
Monday – Friday: 8:30 a.m. – 4:30 p.m.
Saturday – Sunday: Closed
State Office Building Branch (Utica)
Address: 207 Genesee Street, Utica, NY 13501
Phone: (315) 793-2214
Hours:
Monday – Friday: 8:30 a.m. – 3:30 p.m.
(Closed daily 1:00 p.m. – 1:30 p.m.)
Saturday – Sunday: Closed