Mortgage Loan Special Offer
At Oregon State Credit Union
Make this spring the start of something new. Get up to $1,000 toward closing costs.
A little help at closing can make a big difference
Benefits grounded in value
Save up to $1,000 in closing costs
Low rates & fees
Low down payment options
Personalized solutions
Lifetime loan servicing
Get up to $1,000 toward closing costs*
This spring, take the next step toward homeownership with help that goes beyond the loan. For a limited time, you can receive up to $1,000 toward closing costs* when you finance your primary home with OSCU, making it easier to move forward with confidence.
Closing costs can be one of the biggest hurdles when buying a home. Our limited-time mortgage special is designed to help reduce those upfront expenses — so you can focus on moving day, furnishings, and what comes next.
Apply by July 31, 2026 to take advantage of this offer.
Buying your first home?
Buying your first home comes with plenty of excitement and a few big questions. When you’re balancing savings, closing costs, and next steps, it helps to have a partner who understands. OSCU’s First‑Time Homebuyer Loan is designed to make homeownership feel achievable and well‑supported.
Benefits of financing with Oregon State Credit Union
- Up to $1,000 toward closing costs — helps ease upfront expenses
- As little as 3% down** — keep more of your savings available
- Low fixed rates with flexible terms — enjoy affordable and predictable monthly payments
- Local guidance and lifetime loan servicing — support you can count on long after closing
Whether you’re buying your first home or making a move to your next one, we’re here to support you every step of the way.
Making your next move?
A smoother transition starts here. Spring brings new opportunities, and your next home should feel like one of them. If you’re selling and buying at the same time, OSCU’s fixed‑rate home loans can help with up to $1,000 toward closing costs — making the process feel more comfortable from day one.
Benefits of financing with Oregon State Credit Union
- Up to $1,000 toward closing costs — helps during the transition
- Low fixed rates with flexible terms — 15‑, 20‑, and 30‑year options
- Low fees and transparent pricing — know what you’re paying, and keep more of your funds for home furnishings or your dream remodel
- Service through the life of your loan — a trusted partner long after you move in
Planning a higher‑priced purchase? We also offer Jumbo Home Loans for purchase amounts above conforming limits ($832,750 or more), with competitive rates, low fees, and the same local service you expect from us.
Current mortgage rates, disclosures, and FAQs
*Offer valid for new first mortgage purchase loan applications received between 5/1/2026 and 7/31/2026. Eligible loans must fund by 9/30/2026. Eligible borrowers may receive a lender credit of up to $1,000, applied only toward actual borrower closing costs incurred at funding. The lender credit may not exceed the total amount of eligible lender and third-party closing costs and cannot be applied to create cash back to the borrower. Offer is available for primary residence purchase transactions only. Eligible loan products include conforming and jumbo first mortgage loans. Land and construction loans are not eligible. If the borrower elects premium pricing or receives seller paid closing cost credits that cover all or a portion of closing costs, the lender credit will be limited to any remaining eligible borrower closing costs, if applicable. All loans are subject to credit approval, program eligibility requirements, underwriting guidelines, and standard terms and conditions. Offer may not be combined with other lender promotions unless expressly permitted. Promotion is subject to change or termination at any time prior to application without notice.
**As little as 3% down available for qualified borrowers. Example loan: $300,000 purchase price with 3% down payment, resulting in a loan amount of $291,000, repaid over a 30-year term (360 monthly payments). Annual Percentage Rate (APR): 6.24%. Actual loan terms, interest rate, APR, payment amount, and eligibility requirements may vary based on credit qualifications, loan program, property type, and other factors. Not all applicants will qualify.
The lender credit is applied at funding and is used to reduce eligible borrower closing costs, such as lender and third party fees. You can only receive a credit up to the amount of your actual closing costs.
The offer is available to current and new members who apply for a new purchase mortgage on a primary residence using an eligible loan type (conforming or jumbo). If you are new to Oregon State Credit Union, welcome! We can help you open a membership after you apply for your mortgage loan.
Eligible loans include conforming (15-, 20-, and 30-year fixed) and jumbo first mortgage purchase loans.
Yes. The offer is available to both first time homebuyers and buyers purchasing a new home, as long as the purchase is for a primary residence and all eligibility requirements are met.
No. The lender credit may only be applied toward actual eligible closing costs and cannot generate cash back.
If your eligible closing costs total less than $1,000, the lender credit will be limited to the actual amount of those costs. Any unused portion of the credit is forfeited.
If seller paid credits cover all or a portion of your closing costs, the lender credit will be applied only to any remaining eligible closing costs, if applicable. The combined credits cannot exceed actual closing costs.
No. This promotion applies to purchase transactions only and does not include refinance loans.
Applications must be submitted between May 1, 2026, and July 31, 2026.
Eligible loans must fund no later than September 30, 2026 to receive the lender credit.