Skip to main content

Home Equity Lines of Credit

Equity Loans

Use the equity in your home

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

  • Up to 80% of the value of your home (subject to credit qualifications).
  • Accessing your line of credit is easy. Call our Contact Center, log on to, or write a loan check.
  • The perfect way to fund your next home improvement project!
  • Call to compare our low rates and fees.
  • Read What You Should Know About Home Equity Lines of Credit before you apply. 


Apply  online or visit any of our branch locations in Bend, Redmond, Prineville, La Pine, Madras and Sisters.
Apply Now

Home Energy Remodel Loans 

Finance your home remodel project at Mid Oregon Credit Union

Home energy remodel projects utilizing Energy Trust incentives are eligible for financing at Mid Oregon Credit Union. Please click the "Apply Now" button below, complete the form, and submit. A Mid Oregon representative will contact you and show you how easy it is to apply.


Home Energy Remodel Financing Fact Sheet

Apply Now

Effective date: July 1, 2020

Home Equity Line-of-Credit Rates

Please ask us for Home Equity Disclosures and Information. You should also read our What You Should Know About Home Equity Lines of Credit brochure before you apply. 

Variable Rate Home Equity Line-of-Credit

(First and second lien position)
Daily Periodic Rate  Annual Percentage Rate *  Margin Annual Fee Maximum Annual Percentage Rate Minimum Annual Percentage Rate
0.011643%- 0.021233% 4.250% - 7.750% 4.080% - 7.580% $25.00 10.250% - 12.750% 3.250% - 6.750%

 Interest Only Home Equity Line of Credit—Variable Rate

(First and second lien position)
Daily Periodic Rate Annual Percentage Rate *  Margin Annual Fee Maximum Annual Percentage Rate Minimum Annual Percentage Rate
0.012323%- 0.013014% 4.500%- 4.750% 4.330%- 4.580% $25.00 10.500%-10.750% 3.500%- 3.750%

 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.


Closing Costs for Home Equity Lines of Credit - 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, loan amount and lien position. Equal Housing LenderStop by one of the Mid Oregon branches or call (541) 382-1795 to receive a packet of information about our Home Equity Products. Our Loan Officers 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.