Home equity loans

Apply online here for a home equity loan with Oregon State Credit Union. Use the value in your Oregon or Washington home to fund a variety of needs, including education, home improvement, travel or debt consolidation.

Apply or learn more

Benefits of a home equity loan

• Affordable — Fixed rates are lower than many other types of credit. Thousands in savings with low fees.

  • $500 off lenders fees. 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 details and how to qualify for Premier Membership.

• Easy — Enjoy set monthly payments and receive the loan in a lump sum.

• Flexible — $10,000 minimum and up to $350,000 maximum; 10 or 15-year terms. Use funds to pay for planned or unplanned expenses.

• Borrow up to 90% of available equity. Qualifications apply.

What is a home equity loan?

A fixed-rate loan based on the value (equity) of your home, with your home as collateral. The loan comes to you as a one-time payment rather than a line of credit. Learn more about home equity with these articles:

• Home equity: loan or line of credit?

• Use home equity 3 ways

Steps for getting a home equity loan

Behind every home equity loan there's a home and personal finances to consider. That's why we work with you every step of the way. Our easy home equity loan application starts the process with these basic steps:

1. Apply online or at a branch

2. Documents are gathered (some provided for you, some are for our files)

3. Underwriting is completed

4. Pre-closing

5. Closing

Learn more about home equity options

Call us at 800-732-0173 or apply online. We’re happy to help you learn more about home equity, answer questions and talk about your options.

Apply online | Home equity loan