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Home Loans

Cooperative Federal has been making home loans in the Syracuse community since 1986. With quality products, competitive rates, and personalized assistance, we deliver everything you need to achieve your homeowner goals -- whether you're seeking to buy a new home, or repair or refinance one you already have.

In addition to home loans, we offer specialized resources to help you succeed. We provide HUD-approved Housing Counseling, as well as downpayment assistance matching grants to eligible first-time homebuyers.

Contact Us Now

Ready to get started? Complete our brief intake form to help us assess where you are in the mortgage process, and the right staff member will contact you shortly (within 1 business day, M-F).

Or, you can call us at (315) 473-0244 or send an email to susanhamilton[at]


We make mortgages for purchase, refinance, and construction including investment properties.

  • Fixed Rate
    You get the security of a stable interest rate that won't change for the life of your loan. This is a good fit if you plan to live in your home for many years.
  • 5/1 Adjustable Rate
    Your interest rate is fixed for the first five years, and after that it adjusts annually (up or down) based on market rates. We have caps on how much it can adjust each year, and you get the benefit of a lower initial interest rate and monthly payment than you'd get on a fixed rate mortgage. This type of mortgage is ideal if you're planning to move again in a few years, or if you don't yet qualify for a good rate on a fixed rate mortgage. You can refinance once you're financially ready.

    Home Equity Loans and Lines of Credit

    We also make home loans for

    • Home Improvement
    • Appliances
    • Energy Conservation
    • Debt Consolidation
    • Back Taxes Payoff

    Home Insurance

    Cooperative Federal members are eligible for Home Insurance through the truSTAGE program. Click here for more information.

    The Credit Union Difference

    Cooperative Federal's Lending Department does a lot - but also important is what we don't do!

    • No pre-payment penalties on any of our loans. You pay interest only for the time you use the money borrowed.
    • No commissions. Our loan officers do not make commission from your loan, so that they can advise you based on what is good for you, not what makes a commission.

    This is another benefit of membership in a nonprofit, community-owned credit union. Learn more about our unique mission and the values at the heart of our work.

    All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Call us for current rates, terms and conditions.

  • Cooperative Federal accounts are federally insured by NCUA Cooperative Federal is an Equal Housing Lender
    Cooperative Federal is an equal housing lender
    Cooperative Federal accounts are federally insured by NCUA