Home Equity Line of Credit

Use the Equity in your home


Mid Oregon offers Home Equity Lines of Credit with the following features:

  • Up to 90% of the value of your home (subject to credit qualifications).
  • Accessing your line of credit is easy. Call our Contact Center, log on to midoregon.com, or write a loan check.
  • Home Equity interest is often tax deductible. See your tax advisor for details.
  • Call to compare our low rates and fees.


Apply for a home equity loan online or visit any of our branch locations.
Apply Now


Effective date: July 1, 2016

Home Equity Line-of-Credit

Please ask us for Home Equity Disclosures and Information.

Variable Rate:

Daily Periodic Rate  Annual Percentage Rate *  Margin Annual Fee Maximum Annual Percentage Rate Minimum Annual Percentage Rate
0.010932%- 0.023260% 3.990% - 8.500% 3.659% - 8.169% $25.00 9.990% - 14.490% 2.990% - 7.490%

 Interest Only Home Equity Line of Credit 

Daily Periodic Rate Annual Percentage Rate *  Margin Annual Fee Maximum Annual Percentage Rate Minimum Annual Percentage Rate
0.011644%-0.028767% 4.250%- 4.500% 3.919%- 4.169% $25.00


10.250%-10.500% 3.250%- 3.500%

 Variable Rate Feature of Home Equity Line-of-Credit  
The Index Rate is the average rate of the 26 week United States Treasury Bill for the last 13 weeks of the calendar quarter immediately preceding the date of any change. Rates will change on the first of each month for January, April, July and October.  An increase in the Index rate may result in more payments. A change in the interest rate will be applied to existing balances.

 Fixed Rate Equity Loan

Daily Periodic Rate Annual Percentage Rate * Loan Terms
0.010274% - 0.023288% 3.750% - 8.500% 5-15 years

Interest Only              

Daily Periodic Rate

Annual Percentage
Rate *
Maximum Loan Term Margin Annual Fee
0.010932% - 0.011644% 3.990% - 4.250% 5 year balloon N/A N/A

The following applies to both Home Equity Lines-of-Credit and Fixed Rate Equity Loans: Closing Costs for Home Equity Loans - Other third party costs may apply, please ask for details and disclosures.  The estimated costs will generally total between $240.00 and $1,395.00, depending on the amount of your loan or credit limit, and the placement of the Lien.

* All rates are subject to change without notice. Your APR will be based on your credit qualifications, term of loan, loan to value and loan amount.

EqualHousing.gifStop by one of the Mid Oregon branches or call (541) 382-1795 to receive a packet of information about our Home Equity Products. Our Financial Service Representatives will be happy to answer any questions you have. Once you complete the Home Equity application, we'll let you know the amount you're approved for, usually within 24 hours. After that, it generally takes about two weeks to close the loan, as we'll need to order a title policy, etc. The process is easy, just complete the application, and we'll take it from there.