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Whether you are buying or refinancing, we've got the right loan for you!

Now you can find the perfect home loan solution without leaving your credit union.

SCCU Home Loan Program

May 1, 2017

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  • Conventional 1st Mortgage Loans with terms of 5, 10, 15, 20 and 30 years.
  • Refinance up to 90% of appraised value, when term is 20 years or less.
  • We lend in Spokane County and neighboring counties in Washington and Idaho.
  • We loan on homes, condos, townhouses and mfg. homes affixed to real estate.
  • Loans from $25,000 to $250,000.
Competitive rates and fees
  • We only lend locally, we know the market.
  • Local decisions.
  • Experienced lenders.
  • No 1-800 servicing number. You call SCCU or stop by our office.
  • Have trusted partners to refer you to in the event we cannot assist you.
Equity Loans/2nd Mortgages
  • Terms of 5, 10, 15, and 20 years.
  • Lend up to 90% of appraised value on second mortgage.
  • Loans from $10,000 to $200,000.

For more information, call us at (509) 325-4444 or stop by our office at 1930 N. Monroe between 9 and 5 during the week, and speak with one of our friendly home loan advisors, or click the button below to learn more and start the application process.

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Home Equity Lines of Credit

Home Equity Lines of Credit

If you are thinking about sprucing up your house or consolidating debt, consider a Home Equity Line of Credit. An equity line of credit, like a credit card, gives you a predetermined borrowing limit and allows you to access money when you need it. Spokane City Credit Union offers 80% loan-to-value home equity line of credit. Because of the draw option, credit lines are good for recurring expenses such as college tuition and home improvements.

Home Equity Line of Credit
Current APR*
(Annual Percentage Rate)
as low as 5.00% APR*
Interest Type Fixed first 3 years/Variable * quarterly thereafter with 2% periodic cap
Maximum Loan to Value Ratio 80%
Minimum Loan/Line $10,000
Maximum Loan Amount $200,000
Maximum Loan Term Up to 15 years, depending upon loan amount
Prepayment Penalty None
Eligible Properties Owner occupied single family residence in Spokane area
Closing Costs Paid by SCCU***

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SCCU Members have used their Home Equity Line of Credit to:
  • Consolidate High Interest Debt
  • Remodel or repair their home
  • Send their kids to college
  • Take family vacation
  • Plan a wedding
  • Furnish a Nursery
  • Or whatever you need extra cash for
Find out what your home can do for you!

E-Mail a Loan Officer:
Get an estimate on your payments with our Loan Calculator.

*APR= Annual percentage rate. Based on approved credit. Restrictions may apply. Other rates, terms and conditions may apply. Rates may be different as determined by credit history of each applicant.
**A fixed Annual Percentage Rate (APR) will be used for the first 3 years of the plan. We will determine the periodic rate and the corresponding annual percentage rate during the variable rate period as follows: we start with an independent (the "index") which is the Wall Street Journal Prime Rate (WSJ Prime). We will use the WSJ Prime Rate plus a margin to determine your annual percentage rate. The annual percentage rate will change to a variable rate at the beginning of the 4th year of the plan. Thereafter, the annual percentage rate can change quarterly on the first day of the quarter following the anniversary month of the plan. The annual percentage rate will not increase or decrease more than 2 percentage points in any one-year period. However, under no circumstances will the annual percentage rate go below 5.00% at any time during the term of the plan.
***All fees will be waived providing the loan remains in effect for 2 years.

Other Loans

Other Loans

Share-Secured Loans

Share secured loans all you to borrow against your share account and take up 10 years to repay the loan. For more information, terms and conditions, please contact our Loan Department at (509) 325-4444 or at

If you have further questions about our other loans and lines of credit, e-mail a Loan Officer at

Or call us at (509) 325-7228