Clean Water Loans

Loans to replace failing septic systems

For more than ten years, Craft3 has been financing replacement of failing septic systems for families in the Northwest with our unique Clean Water Loan.

It’s not a traditional loan, just like we’re not a traditional financial institution. It’s a loan built from the ground up to work for your unique situation. In some cases, you can even finance connection to a nearby municipal sewer system.

The Clean Water Loan is currently offered throughout Oregon and in many Washington counties. Over one-thousand families have trusted the Craft3 Clean Water Loan to meet their needs.


  • Residential properties throughout Oregon and in many Washington counties.
  • Loan-to-value and loan amount maximums apply to repayment types.
  • One of the following must apply:
    • your septic system is at least 25 years old;
    • your system is failing;
    • you've been contacted by Health Officials; or
    • you are under orders to fix your septic system.
  • Counties currently served by Craft3:
    • Residential Oregon: All
    • Residential Washington: Clallam, Clark, Cowlitz, Grays Harbor, Island, Jefferson, King, Kitsap, Mason, Pacific, Pierce, Snohomish, Thurston, Wahkiakum and Whatcom
    • Commercial septic systems: All in Oregon or Washington

We make replacing your septic system easy
  1. Apply Online. Receive pre-approval in as soon as three business days. 
  2. Work with your contractor to design your system, receive permits and finalize project cost.
  3. Sign your loan documents electronically.
  4. Begin your project. Make sure work is completed to your satisfaction.
  5. Authorize final payment to your contractor once your project gets final approval from local officials.
  6. Loan payments, if required, will be automatically withdrawn from your bank account.
Rates & Terms

Residential Properties
Loans are available throughout Oregon and in select Washington Counties. Rates and terms are determined by applicants’ annual household income.

Household Income
Interest Rate
Term Options
Up to $25,000

(2.33% APR)
Deferred Payments*


Deferred Payment Option:

$24,000 loan amount,
No monthly payments for 179 months,
Balloon payment of $33,873.10 due on the 180th month based on 2.33% APR.
Up to $45,000

(4.75% APR)

Interest-Only Payment Option:

$24,000 loan amount,
$94.17 interest payment for 179 months,
Balloon payment of $24,094.17 due on 180th month based on 4.75% APR.
Greater than $45,000
- or -
Non-owner-occupied, secondary home
(5.93% APR)
Fully-Amortized Payments
Fully-Amortized Repayment:

$24,000 loan amount,
$201.70 for 180 months at 5.93% APR.
APR, Annual Percentage Rate
Loan availability, terms and conditions current as of 01/1/19 and are subject to change. Visit our website for latest terms and rates. Examples include financing of Craft3 $695 loan fee. All loan applications are subject to credit, property and project approval. Maximum loan amount and Loan to Value apply and are subject to equity value and underwriting requirements for all programs. Loans are secured by a UCC-1A filing recorded with the county. Subordination may be available with lender approval, fees may apply. Principal balance and interest (if applicable) is due on sale, transfer, refinance or maturity.
*Deferred Payment option maximum loan amount is $35,000 and maximum loan-to-value is 80 percent.
**Interest-only Payment option maximum loan amount is $45,000 and maximum loan-to-value of 100 percent.
Our Supporters
The Boeing Company Charitable Trust
Clallam County
Bill & Melinda Gates Foundation  
Grays Harbor County
Greater Tacoma Community Foundation
Hood Canal Coordinating Council
Jefferson County
King County
Kitsap County
Kitsap Public Health District
Laird Norton Family Foundation
Mason County
National Fish & Wildlife Foundation
Oregon Department of Environmental Quality
Oregon State Legislature
Pacific Coast Shellfish Growers Association
Pacific County
Pierce County
Participating OSS Professionals
Port Gamble S'Klallam Tribe


Public Health Seattle & King County
Puget Sound Partnership
Skokomish Tribe
Snohomish County
Tacoma-Pierce County Health Dept.
The Russell Family Foundation
Thurston County
U.S. Environmental Protection Agency
University of Washington Sea Grant
Washington Onsite Sewage Assoc.
Washington State Department of Ecology
Washington State Department of Health
Washington State Legislature
Washington State University Extension
Wahkiakum County
Wells Fargo
Whatcom County
Titcomb Foundation