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The right choice if you have a one-time need for funds and want the security of a fixed rate

Community Resource Home Equity loan options include fixed and variable rates with flexible terms. In some cases, you can borrow up to 85% of the available equity in your home for home improvements, debt consolidation, education, or other major purchases. Apply now or call to speak to a Financial Services Representative.


All of our home equities offer:

  • No annual fees
  • Low closing costs
  • Fixed loans up to $350,000 (first lien position) / $200,000 (second lien position)
  • Line of credit loans up to $250,000 (first lien position) / $100,000 (second lien position)
  • Flexible terms and fast approvals
  • Maximum CLTV is 85%
  • Minimum Loan/Line of Credit amount is $10,000
  • Various payment frequencies and methods available


No Equity Home Improvement Loan:

Community Resource offers homeowners a no equity option to tackle smaller home improvement projects with a quick turnaround time. With terms up to 120 months, you will get peace of mind knowing you’ll be able to build it, fix it or expand it. Apply now or call to speak to a Financial Services Representative.

For further information, call (518) 783-2211 or email [email protected]

New York State Mortgage Tax is required and paid by the borrower. All other closing costs are paid by the Credit Union unless disclosed with approval terms and conditions. Closing costs paid by the Credit Union are reimbursed with the payoff amount if the loan or line of credit is paid in full and discharged within the first (3) three years of loan opening, approximately $400 – $800.  You should consult a tax advisor regarding the deductibility options of the interest paid.