Our clean water loans help hundreds of Oregon homeowners annually.
Borrow the entire cost of eligible design, permitting and installation. Lower interest rates for qualified lower-income borrowers.
No up-front loan fees or pre-payment penalties. Perfect credit not required. Competitive interest rates.
Make automated payments directly from your bank account.
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.
NOTE: Special grants and loans may be available for homeowners to repair septic systems damaged in Oregon’s 2020 wildfires.
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:
*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 05.15.2023 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.
Craft3 supports homeowners every step of the way. Here's how it works.
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.
Oregon Department of Environmental Quality Onsite Wastewater Management Program.
Searchable database of Licensed Onsite System Installer and Pumper Businesses.
Water & Waste Disposal Loan & Grant Program in Oregon, Rural Development, U.S. Department of Agriculture.
Download the Clean Water Loan brochure for Oregon homeowners.
When Floridalma’s plumbing started backing up, she didn’t know where to turn for help. Then she found Craft3.
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.
"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."