Home Equity Loans
Apply online, earn a $100 Visa gift card!*
- When you apply online by June 30, you’ll receive a $100 Visa gift card when your loan closes.
- Use it for home improvement supplies, deck décor, a night on the town – you name it.
- As with all SELCO loans, membership and credit qualifications apply.
HELOCs to use as you choose
- Fund home renovations, help with educational or medical expenses, or consolidate debt.
- Convenient access to a line of credit.
- Draw period of 5-15 years, repayment period of 15 years.
HELOC calculator
Need an idea of what your rate might be? Check out our free HELOC calculator to see if using your home's equity is right for you.
More HELOC options
- Borrow what you need, when you need it with a Home Equity Visa® card and/or checks.
- Fixed Rate Conversion Option, for moving a variable line of credit balance to a fixed-rate option.
- 5-Year Variable Rate Conversion Option, for moving a variable line of credit balance to a 5-year adjustable rate option.
Resources
Homeowners Can Put Equity to Work With a HELOC
With the Oregon real estate market largely recovered, most homeowners once again have an effective tool at their disposal — their home’s equity.
Looking To Consolidate Debt? Try a HELOC.
Burdened by high-interest credit cards? A home equity line of credit can be a great way to consolidate debt and minimize monthly payments.
Buying Your First Home: A Realistic Guide
Buying a home at any point can feel intimidating. This guide can help you consider whether it's the right time to buy your first home.
Knowing Your Home Improvement Options
Learn the difference between a home equity loan, HELOC, and refinancing, to determine the best option to reach your home improvement project goals.
*Membership and credit qualifications apply. $100 Visa gift card at loan closing for borrowers who apply online by June 30 and open a new HELOC. Member is responsible for any tax and reporting requirements. NMLS #402847