Clean Water Loans

Loans to replace failing septic systems in Oregon

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

Eligibility
  • Residential properties throughout Oregon.
  • 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.

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 Loan payments will be automatically withdrawn from your bank account.
Rates & Terms

Residential Properties
Loans are available throughout Oregon.

Interest Rate
Term Options
Examples
5.49%
(5.93% APR)
Fully-Amortized Payments
$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 08/1/19 and are subject to change. Example includes 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. 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 is due on sale, transfer, refinance or maturity.