Oregon Clean Water Loans

Our clean water loans help hundreds of Oregon homeowners annually.

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A septic system failure can be a crisis. Our simple and accessible financing can be a lifeline. Craft3 Clean Water Loans work for a variety of households.

Financing to Fit

Borrow the entire cost of eligible design, permitting and installation. Lower interest rates for qualified lower-income borrowers.

Simple Terms

No up-front loan fees or pre-payment penalties. Perfect credit not required. Competitive interest rates.

Convenient Repayment

Make automated payments directly from your bank account.

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CLean Water Loans

Experience and Dedication

We have helped hundreds of Oregon homeowners repair or replace their septic systems, stay in their homes, and keep local waters clean. We answer your questions, help you every step of the way, and troubleshoot any challenges. We look forward to working with you!

This program is made possible by funding from the Oregon legislature and is administered in cooperation with the Oregon Department of Environmental Quality (DEQ). Additional information about the DEQ Onsite Septic Program is available on its website.

Additional grant funding that can lower your project costs may be available. We will notify you of this as part of the standard application process.


If you live in Oregon, you’re eligible to borrow up to the full cost of your septic repair or replacement. In addition, one or more of the following must apply:

  • Your septic system is at least 25 years old
  • Your system is failing
  • You’ve been contacted by local health officials
  • You are under orders to fix your system

Rates & Terms

  • Competitive interest rates with lower rates for lower-income borrowers
  • Deferred payment options may be available for lower-income borrowers
  • Includes a $2,000 reserve to fund ongoing maintenance


  • Borrow up to the full cost of your septic repair or replacement, including all eligible design, permitting and installation costs.
  • No upfront costs required
  • Covers all eligible design, permitting and installation costs

As of December 1, 2023, certain owner-occupied households with an annual income of $80,000 or less per year may be eligible for a grant of $15,000 to reduce their project costs. We will notify you of your eligibility as part of the standard application process.

Household Income
Interest Rate
Term Options
Up to $35,000
and owner-occupied
2.49% (2.79% APR*)
Deferred payments**
Interest-only payments***
Fully-amortized payments
Deferred payment option:

$24,000 loan amount.
No monthly payments for 179 months.
Balloon payment of $34,083 due on 180th month based on 2.79% APR.
Up to $55,000
and owner-occupied
4.49% (4.79% APR*)
Interest-only payments***
Fully-amortized payments
Interest-only payment option:

$24,000 loan amount.
$94 interest payment for 179 months.
Balloon payment of $24,889 due on 180th month based on 4.79% APR.
Greater than $55,000
non-owner occupied, second home
5.49% (5.99% APR*)
Fully-amortized payments
Fully-amortized repayment:

$24,000 loan amount.
$202 for 180 months at 5.99% APR. No balloon payment.

*APR, Annual Percentage Rate based on example loan criteria.
**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.
Loan availability, terms and conditions current as of 12.01.2023 and are subject to change. Examples include financing of Craft3 $795 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.

Financing Your Septic Project With Craft3

Craft3 supports homeowners every step of the way. Here's how it works.

Get Started Today

Our online application is user-friendly and we’re standing by to help.


Work with your contractor to design your system, receive permits and finalize project cost.

NOTE: Your contractor must be approved by the Department of Environmental Quality to conduct septic system replacement work. Contact your local health jurisdiction for a list of approved contractors.


Securely sign your electronic loan documents. By request, document signing is also available by mail.


When your loan documents are signed, your contractor can get to work. Once the Certificate of Satisfaction or Completion is provided and the work is completed to your satisfaction, you authorize final payment to your contractor.


Repay your loan with automated payments from your bank account.

Additional Resources

Oregon Department of Environmental Quality Onsite Wastewater Management Program.

Searchable database of Licensed Onsite System Installer and Pumper Businesses.

Download the Clean Water Loan brochure for Oregon homeowners or the Clean Water Loan FAQ that answers the questions most commonly asked.

Water & Waste Disposal Loan & Grant Program in Oregon, Rural Development, U.S. Department of Agriculture.

Customer Stories

A new septic system for a little piece of paradise

Amber and Isaac live in a log home on a beautiful 8-acre property with views of Mount Hood. Like many rural residents they have a septic system and when theirs began to fail, they found themselves facing a major expense. Paying out of pocket was not an option. They Googled “septic loan,” found Craft3, and secured a Clean Water Loan that let them install a brand-new system.

Pay it forward

Our Lending Model

When you repay your loan, we use that money to make other loans. This allows us to serve more homeowners. Over time, this makes a big difference for communities, local economies and the environment.

Our Team

"What does a great day at work look like? Being able to say “YES” to someone who comes to us believing there isn’t any hope."

Jennifer Dow
Consumer Lending Lead