Home loan and home equity line of credit disclosures, rates and fees

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

Home loan rates

Click the links in the table below to learn about:

Rates, loan options and descriptions, payment examples and more.

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Your mortgage rate may be different based on your terms and your specific loan criteria. Mortgage rates may be higher than the lowest advertised interest rates. Interest rates are subject to change throughout the day without notice. Current HELOC rates range from 3.25% Annual Percentage Rate (APR). Your rate may be higher than the lowest advertised APR and will be based on your loan-to-value (LTV). The 3.25% 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 3.25% APR. The minimum rate is 3.25% 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.

Learn more about the closing cost reduction and these loans: adjustable-rate, First-time Homebuyer, fixed-rate, refinancing.

Home Equity Line of Credit (HELOC) fees and closing costs

Effective Date: Friday, June 2nd, 2023

Fee type	Essential	Enhanced	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. 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. If appraisal is required, borrower(s) must pay for appraisal up front. Flood and/or property hazard insurance is required. Consult your tax advisor regarding the deductibility of interest. Other restrictions may apply. Organization NMLS #472475.

Fee type

Essential

Enhanced

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.

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