Home loans disclosures, rates and fees

Find your unique home loan financing needs with Oregon State Credit Union’s full range of mortgage loan products and lines of credit. Competitive loan rates plus lower fees are yours.

Home loan rates

  • Click the links in the table below: Learn about rates, loan options and descriptions, payment examples and more.

Rates may change without notice. Current HELOC rates range from 5.50% Annual Percentage Rate (APR) to 6.50% APR. Your rate may be higher than the lowest advertised APR and will be based on your loan-to-value (LTV). The 5.50% APR is based on an 80% LTV. The APR will vary based on changes to the Wall Street Journal Prime Rate. The current Wall Street Journal Prime Rate is 5.50% APR. The minimum rate is 5.50% APR and the maximum rate is 18% APR.


Save up to $500 off closing cost

The $500 reduction off closing costs is for Oregon State Credit Union Premier Members and does not apply to Home Equity Line of Credit, Home Equity Loan or Land Loan.

 


Home Equity Line of Credit fees and closing costs

Home Equity Line of Credit (HELOC) fees
Effective Date: Monday, June 24th, 2019
Fee typeEssentialEnhanced Premier
HELOC annual fee $75 $50 $25
The HELOC annual fee is waived the first year. After that, the annual fee depends on your Member Merits category as shown in the table above.

Home Equity Line of Credit closing costs

  • Closing costs to open a HELOC vary between $0-$2000.

  • If appraisal is required, borrower(s) must pay for appraisal up front.

  • Receive up to $500 credit for closing costs on HELOC, amount of credit not to exceed total closing costs. Repayment of credit required if the HELOC is closed by the borrower within three years from the date of the Deed of Trust or Modification of the Trust Deed.

  • Flood and/or property hazard insurance is required.

  • Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. Organization NMLS #472475.
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