Home Loans
We offer a wide selection of mortgage and home equity products to satisfy your home-related goals, including:
- Conventional Mortgages (fixed or adjustable rates)
- Construction Mortgages
- Home Equity Loans
- Home Equity Lines of Credit
- Purchase Rehab Loan
First Time Homebuyer Bonus
$3,500 Bonus
First-time homebuyers receive $3,500 towards your closing costs or up to $3,500 towards your first three mortgage payments.*
Serving Columbia County, NY, Southern Vermont, and Berkshire County, MA
*Subject to credit approval. Valid for $3,500 towards your closing costs or 3 monthly payments of up to $1,166.67 each, or a maximum of $3,500. If the loan is closed within 3 years of origination, you will be required to reimburse Greylock for this credit or payments made on your behalf. Only valid for First-Time Homebuyers toward adjustable rate mortgages. Offer expires 12/31/22
Meet Your Mortgage Officers
Erin Carlotto
NMLS# 794262
Sarah Gaffey
NMLS# 853525
Home Equity Loans
Borrow money against your home's value!
- PAY NO CLOSING COSTS*
- Up to 80% of the appraised value of the owner-occupied property (up to four units) minus the existing mortgage balances.
- Fully-amortized up to fifteen (15) years.
- Fixed Rate of Interest.
- The interest you pay may be deductible from your taxes. Please consult your tax advisor.
*Closing costs paid on the borrower's behalf for Berkshire County properties only. Some restrictions may apply. Borrower may be responsible for repayment of these costs to Greylock if they refinance within 36 months.
You may borrow up to a percentage of the value that you actually own. Your home equity is defined as the value of your home minus what you still owe on any mortgages for the property. A loan against the equity that you have in your home is referred to as a home equity loan.
Home equity loans may be used for any purpose. Many people use them as a source of money for making home improvements, fund education or consolidate other loans and to take advantage of lower interest rates.
NEW!
No equity? No problem!
Ask about our Total Equity Program and receive financing up to 100% of appraised value. Pay no closing costs for homes in Columbia County, NY or Berkshire County, MA.
Offer subject to credit approval. Borrower must qualify for Greylock Federal Credit Union membership. Financing up to 100% of appraised value minus existing mortgage balances. Closing costs paid on borrower’s behalf. Some restrictions may apply. Borrower may be responsible for repayment of cost to Greylock if loan is closed or refinanced within 36 months.