Home Equity
At Oregon State Credit Union
Use our Home Equity Loan or Line of Credit to cover big expenses, fund projects, or plan for what’s next.
Put your home’s value to work
KEY BENEFITS
Lump sum or flexible access
Low rates
Borrow up to $400K
Home Equity Line of Credit
Flexible access, whenever you need it
- Draw funds tied to your home’s equity as needed
- Variable interest rates
- Interest-only payments during draw period
- Revolving credit: As you repay, funds become available again, which is useful for ongoing or unpredictable expenses
- Great for phased projects: Perfect for expenses that come in stages, like remodeling or tuition payments
Home Equity Loan
One lump sum, fixed and steady
- Potentially lower rates than personal loans or credit cards
- Fixed interest rate: Payments remain predictable over time, making budgeting easier
- Lump-sum funding: You receive the entire loan amount upfront, ideal for large one-time expenses
- Stable repayment schedule: Monthly payments are consistent, like a traditional mortgage
We can help you compare home equity options
We understand there’s a lot to know about home equity and how to use it. We’re happy to help you learn more about home equity, answer questions and talk about your options.
Financial Education Center
Put down roots with OSCU home financing options
Buying or building? Explore our mortgage loan options and find the right fit for your next chapter.