Making a Difference, One Home at a Time
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Home Loans

SCCU’s personal, local, rate-smart home lending makes a difference for you on your biggest purchase. Whether you are buying, refinancing, or using the value of your home for a home equity line of credit, SCCU has the right loan for you.

Home Loan Options

  • Conventional 1st Mortgage loans with terms of 5, 10, 15, 20, and 30 years.
  • Refinance up to 90% of your home’s appraised value, when your 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 manufactured homes affixed to real estate.
  • Loans from $25,000 to $250,000.

SCCU’s Competitive Rates and Fees

  • We only lend locally, and we know the market.
  • Experienced in-house lenders.
  • No 1-800 servicing number. Mortgage problems or questions? You call SCCU or stop by our office.
  • Our lending decisions are made locally, right inside our office.
  • We have trusted partners to refer you to, in the event we cannot assist you.

Home Equity Loans/2nd Mortgages

  • Terms of 5, 10, 15, and 20 years.
  • Lend up to 80% of appraised value on second mortgage.
  • Loans from $10,000 to $200,000.

For more information, email us at loandepartment@sccu.net, or call us at (509) 325-4444 if you'd like to talk to a loan officer. Click the button to start your application online.


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Home Equity Lines of Credit

Need extra funds for a major home project or to consolidate debt? Consider a Home Equity Line of Credit from SCCU. We can extend credit up to 80% of the value of your home.

Like a credit card, a home equity credit line gives you a set borrowing limit and lets you access funds, up to that amount, whenever you need them. Because of this flexibility, a home equity credit line is perfect for recurring expenses such as college tuition or home improvement projects.

Home Equity Line of Credit
Current APR*
(Annual Percentage Rate)
as low as 5.00% APR*
Interest TypeFixed first 3 years/Variable quarterly thereafter with 2% periodic cap**
Maximum Loan-to-Value Ratio80%
Minimum Loan Amount$10,000
Maximum Loan Amount$200,000
Maximum Loan TermUp to 15 years, depending upon loan amount
Prepayment PenaltyNone
Eligible PropertiesOwner-occupied single-family residence in Spokane area
Closing CostsPaid by SCCU***


*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 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 1-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.

Loan Calculator

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