Loans

One of the most important benefits of membership is access to affordable credit services. Whether you need to consolidate bills, buy a car or finance the home of your dreams, consider Hudson River Teachers FCU for all of your financing needs. We offer competitive rates, flexible terms and an expert staff ready to assist you with personal service and a quick approval.

Vehicle

Finance your car, truck, motorcycle or boat with Hudson River Teachers FCU and take advantage of our low fixed rates and hassle-free financing. Whether you’re hitting the road or the water, we have the right loan for you. And to make things easier, why not call us first and get pre-approved before you shop. You’ll have one less thing to worry about when you find the exact car you want saving you time and money at the dealership.

Love your current vehicle but not the loan? Refinance with HRTFCU and save! You could be lowering your rate and monthly payment putting more money in your pocket!

Auto
As a member of HRTFCU, you can take advantage of our new, used, or classic auto loans with these great terms:

Boat
Let HRTFCU steer you in the right direction with an affordable boat loan guaranteed to let you set sail in no time. Take a look at these great terms!

Motorcycle
Looking to purchase that perfect bike and head out on the open road? HRTFCU offers affordable financing on both new and used motorcycle loans.

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Auto Related Products and Services

Carfax

Buying a used car takes careful consideration. A Carfax Vehicle History report gives you the information you need to make an informed buying decision. Carfax can tell you if a car has ever been totaled, damaged from a flood, or had the odometer rolled back. To receive your Carfax report contact a HRTFCU loan officer at (914) 526-4015.

AutoSMART

Searching for information on a specific car? We've got you covered. HRTFCU's CUDL AutoSMART program can help you find the best deal with your next purchase. Learn more about this valuable program by clicking here.

Guaranteed Asset Protection (GAP)
You could lose more than your vehicle, boat or motorcycle if it is stolen or involved in a major accident. You could lose your investment. Because most insurance policies only cover the value of your vehicle - something that rapidly declines during the first few years of ownership - your loan balance could be higher than the value of your vehicle. GAP covers the difference between your vehicle’s value and the amount you still owe essentially protecting you and your entire investment from substantial loss. Call the credit union’s loan department for more information.

Mechanical Breakdown Protection (MBP)
HRTFCU is pleased to offer “Mechanical Breakdown Protection” to members financing new or used vehicles. The protection provides coverage for vehicle mechanical and electrical failures and also provides additional benefits such as 24-hour road assistance, tire protection, rental assistance and trip interruption benefits. Choose the level of coverage that best fits your needs. Ask about it when you are financing your new or used vehicle.

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Personal

Consider HRTFCU your consumer loan specialist. Whether you’re looking to consolidate your debts, take a vacation or furnish your home, our personal loans are designed to meet your every need.

Signature
With a quick signature you can take advantage of an unsecured installment loan with affordable terms and no pre-payment penalties

Computer
Keeping up with technology in today’s digital world is extremely important. That’s why HRTFCU offers members an opportunity to finance a new computer at a special low fixed interest rate. *

*To receive special rate, the credit union will take a security interest in the computer system until paid.

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Other

Borrow money from yourself while you continue to earn interest on your funds with a share or certificate secured loan. You can continue to earn interest on your funds used as collateral, while paying a competitive interest rate on the money you’ve borrowed.

Share Secured
A share secured loan is a great idea if you’re looking to build or reestablish your credit history or you need to make a necessary purchase but don’t want to deplete your savings.

Certificate Secured
Our share certificate loan allows you to borrow against the available balance of your share certificate and at the same time enjoy the benefits of a higher dividend rate. It also allows for flexibility in repayment terms not to exceed the maturity of the pledged certificate.
*excludes IRA certificate accounts

* All loans are subject to qualification of the borrower.

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Home Loans

Whether you’re a first time home buyer, looking to re-finance, buying a second property, or making home improvements, we make it simple to get a mortgage loan that fits your needs and your budget. We offer competitive interest rates, low fees and a quick turn-a-round time guaranteed to save you time and money. Put your home financing in the hands of someone you trust and let our expert real estate lending team guide you through the process. It doesn’t get easier than that!

1st Mortgage
Ready to buy or re-finance a home? HRTFCU offers an in-house variable rate* program that offers competitive rates and is packed with money saving benefits. You’ll enjoy significant savings on your closing costs because we don’t escrow for tax or insurance payments and our level payment plan provides peace of mind in knowing that your monthly payment will remain the same throughout the life of the loan.** Take advantage of our flexible repayment terms that allow for weekly or bi-monthly payments and save even more! Since HRTFCU always retains the servicing of your mortgage loan, it’s easy to make payments because they’re always made right here at your credit union.

HRTFCU Variable Rate Mortgage Program

*The rate re-prices semi-annually and is at a margin of 2.0% over the one year treasury constant maturity.
**Your monthly payment will not change unless the interest rate increases such that negative amortization could occur. Please refer to adjustable rate mortgage disclosure available through the credit union’s mortgage department for details.

Home Equity Loan
Whether you need a loan for debt consolidation, home repairs, a new car, college tuition or a wedding, HRTFCU can help with a low-rate Home Equity Loan. Using the equity in your home is a smart way to borrow. Whatever your needs, you’ll benefit from a competitive variable rate* low closing costs, and easy repayment terms with the security of knowing your payments will never increase. ** And interest on home equity loans are usually tax-deductible. (consult your tax advisor about the deductibility of interest).

HRTFCU Variable Rate Home Equity Loan

*The rate re-prices semi-annually and is at a margin of 2.0% over the one year treasury constant maturity. This loan is secured by a first or second lien on your home.

**Your monthly payment will not change unless the interest rate increases such that negative amortization could occur. Please refer to adjustable rate mortgage disclosure available through the credit union’s mortgage department for details.

For more information about any of our mortgage products or to speak with a credit union mortgage professional please call (914) 526-4015. 

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Mortgage Webcenter

More choices mean more options and HRTFCU’s Mortgage Webcenter provides just that. Members can choose from a variety of innovative home financing products including 15, 20, and 30 year fixed rate mortgages. Get instant rate quotes and free on-line pre-approvals so you can shop for your mortgage with confidence.
                       

        Click above to visit mortgage webcenter                                          

Student Loans

Now you can pay for college the smart way with great repayment options! Together we can do this.
The Hudson River Teachers FCU Smart Option Student Loan® by Sallie Mae® is an ideal solution to help bridge that gap between federal loans and the cost of your education.

To learn more or to apply, please get started here.

The Smart Option Student Loan features and benefits:

• Competitive Interest Rates
• Borrow up to 100% of school certified education costs (minimum $1,000)
• Multiple in-school repayment options available
• Borrower benefits available – like rewards and interest rate reductions
• Rates that reward creditworthy borrowers
• Applying with a creditworthy cosigner may help you qualify and/or receive a lower rate
• Fast Online Application. Our easy-to-complete application takes about 20 minutes. It’s quick and easy.
• 24/7 online account management
• No prepayment penalty
  

To learn more or to apply, please get started here.

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