Business Details
50+ Years
experience
Trusted Mortgage Solutions in Sidney, NY
Sidney FCU has been a trusted financial partner for residents and businesses in New York, New Jersey, and Pennsylvania since 1937. Our deep local expertise and commitment to community-driven banking set us apart, offering personalized mortgage solutions tailored to individual needs. With competitive rates on fixed and adjustable-rate mortgages, first-time homebuyer programs, and innovative options like our Drop My Rate mortgage, we prioritize affordability and flexibility. Our team of certified mortgage specialists provides end-to-end guidance, ensuring a seamless homebuying experience.As a federally insured credit union, we combine institutional reliability with the personalized service of a local institution, reinvesting in our communities through initiatives like tree planting for every new member. Our 24/7 online banking and financial wellness resources further demonstrate our commitment to empowering members with tools for long-term success.
Services
Fixed Rate Mortgages
Adjustable Rate Mortgages
First Time Home Buyer Programs
Drop My Rate Mortgages
Home Equity Loans
Construction Loans
Jumbo Mortgages
Vacation Home Loans
Mobile Home Financing
Refinance Options
Details
- Year established: 1937
Highlights and features
- We offer 100% financing options with no PMI requirements for qualified first-time homebuyers
- Our local mortgage specialists provide personalized guidance through every step of the homebuying process
- Competitive rates on fixed and adjustable-rate mortgages with flexible term options
- Unique Drop My Rate mortgage allows qualified borrowers to reduce interest rates without refinancing
- Financial wellness resources including free homebuyer counseling through GreenPath partnerships
Associations and certifications
- NCUA
What people say
Best credit union ever
Easiest loan process
Competitive rates
Knowledgeable staff
Streamlined application
Services
Fixed Rate Mortgages
Our fixed-rate mortgages provide predictable monthly payments with rates locked in for the loan term. Available in 15, 20, and 30-year terms with competitive APRs starting at 6.094%. Ideal for borrowers seeking long-term payment stability and protection against market fluctuations.
Adjustable Rate Mortgages
ARM options offer lower initial rates for 5, 7, or 10 years before adjusting annually. With APRs starting at 6.343%, these loans suit borrowers expecting income growth or planning shorter ownership periods while benefiting from initial payment savings.
First Time Home Buyer Program
100% financing available with no PMI requirements. Features 15/15 ARM terms at 7.187% APR, designed specifically for first-time buyers. Includes free homebuyer counseling through GreenPath partnerships to guide new buyers through the process.
Drop My Rate Mortgage
25-year fixed-rate mortgages with option to reduce rates after 12 months without refinancing. Requires minimum 12 consecutive payments and no bankruptcy filings in past 6 months. Processing fees apply for rate adjustments.
Home Equity Loans
Leverage home equity for major expenses with fixed-rate terms up to 15 years. Available for primary residences with LTV up to 97%. Funds can be used for home improvements, debt consolidation, or major purchases.
Questions
What mortgage options are available for first-time homebuyers?
Our First Time Home Buyer Program offers 100% financing with no PMI requirements. This 15/15 ARM option features a fixed rate for the first 15 years followed by annual adjustments, with APR starting at 7.187%.
Can I reduce my mortgage rate without refinancing?
Yes, our Drop My Rate Mortgage allows qualified borrowers to permanently lower their interest rate after 12 months of on-time payments. Two rate adjustments are permitted with minimum 12-month intervals between requests.
What are the current mortgage rates?
As of October 28, 2025, fixed rates start at 6.00% APR for 15-year terms. Adjustable-rate mortgages begin at 6.343% APR. Rates vary based on loan term, property type, and borrower qualifications.
Do you offer financing for manufactured homes?
Yes, we provide financing for manufactured homes with land at 7.261% APR. This 5/5 ARM option requires 95% LTV maximum with specific underwriting guidelines for property type and location.
How does the mortgage application process work?
The process involves three steps: complete an online application, receive approval based on financial review, and close on your new home. Our mortgage specialists guide applicants through documentation requirements and underwriting criteria.
What areas do you serve?
We provide mortgage services throughout New York, New Jersey, and Pennsylvania. Our local lending team maintains expertise in regional housing markets and property regulations across these states.
Videos
Reviews (4)
Lo N.
Jun 17, 2021
Report
Unprofessional, rude and unhelpful. For every helpful person I get on the phone, I've dealt with 3 people who don't want to help me.
Carmine Yonnone
Mar 02, 2021
Report
Thay have decided to change my address to someone else's address who now has my info I can clearly see that someone opened it and reglued it I still have the letter and I am not going to open it I will be closing thi's account and bank with someone who cares about people
Mike Macneill
Feb 16, 2021
Report
All about u. When they charge return fees for something I didnt know i returned? Also let's my account go negative from said return fee. Then charges me 25$ to turn my account back on. So that was an easy 50$ from me to them. Glad to see that my money is gone and "Non-refundable" absolute joke of a bank.
Lisa Allan-Ziemann
Oct 10, 2020
Report
I have been a SFCU member since 1979. They have always offered superior service, the employees are professional, yet friendly. I can't think of any improvements to suggest!
