First-time Homebuyer loan

Purchase your first home with a First-time Homebuyer loan from Oregon State Credit Union. If you’ve never had a mortgage or haven’t owned a home in the past three years, you may qualify as a first-time homebuyer.

Apply here | First-time Homebuyer loan

Check First-time homebuyer rates here

Flexible terms of 15, 20 and 30 years.

Downpayments as low as 3%

  • Finance your home with as little as 3% of the purchase price.

  • Downpayment assistance available.

Save on fees

  • Save thousands with low fees.

  • $500 off lender fees1. The $500 reduction off lenders fees is valid for Premier Members.

Choose a First-time Homebuyer loan

Our first-time homebuyer loan is ideal if you want to:

  • Purchase your first owner-occupied home

  • Have help paying the down payment or closing costs

  • Purchase the home in which you'll reside

First-time homebuyer classes available

Check seminar availability here.

Apply here | First-time Homebuyer loan

Buying your first home? Know about these myths

See this short video about three myths that may be preventing you from becoming a homeowner. Our mortgage loan officer, Daniel Echeverri, explains some of the common misconceptions in the video, "Myths about buying a home."

1. The $500 reduction off lenders fees is valid for Premier Members. This offer is not valid for Short Term Second Lien Home Equity Loans. See a Mortgage Loan Officer for further details and how to qualify for Premier Membership.

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