Mortgage Savings Account

FIRST-TIME HOMEBUYER SAVINGS ACCOUNT



GET THE FINANCIAL LEG UP YOU NEED

EARN 2.00% APY

ON DEPOSITS UP TO $20,000!*


Depositors who are Oregon residents and have not owned a home in the last three years qualify to receive an Oregon state tax subtraction up to $5,000 for a single filer, and $10,000 for joint filers per year. Plus, close your home loan through CCCU and get a FREE appraisal valued up to $700!



      OPEN NEW ACCOUNT      
  • Already a member?
    Click here to add a savings sub account.

     CONTACT US     
     FAQ     


503.872.9423 | 800.444.8115
newaccounts@consolidatedccu.com


SAVING FOR A HOME IS A WISE FINANCIAL INVESTMENT

Down Payment Down Payment
Closing Costs Closing Costs
Prepaid expenses - taxes & insurance Prepaid expenses - taxes & insurance


DID YOU JUST START TO SAVE OR DO YOU ALREADY HAVE A HOUSE IN MIND?

Whether you're buying a home, a farmhouse, or a condo, CCCU helps make home ownership more affordable by allowing you to save for up to 10 years!

Contact one of our Member Advisors to start saving today!


503.872.9423 | 800.444.8115
newaccounts@consolidatedccu.com

 OPEN ACCOUNT 


NOW OFFERING A FREE APPRAISAL

Close a loan with Consolidated Community Credit Union and get a free appraisal valued up to $700! Funds must be seasoned in the account for a minimum of 6 months to qualify.

For more information, contact our mortgage team:


503.963.6666 | 800.444.8115
mortgageloans@consolidatedccu.com


*Subtraction contribution limits are set by the Oregon Department of Revenue, currently not to exceed $5,000 for an account holder that files an individual tax return and $10,000 for joint account holders that file a joint return and subject to change by the Oregon Department of Revenue. Account holder must be an Oregon resident and home purchsae must be in Oregon. Deposits to an Oregon First-Time Home Buyer Savings Account can be made up to 10 years or until the account holder(s) purchase a house, whatever comes first. There is a maximum subtraction of $50,000. Please consult your tax advisor or the Oregon Department of Revenue (HB 4007) for a complete list of rules governing this account and the qualification that determine the applicable tax deductions. The credit union is not responsible or liable for: (a) Determining or ensuring that an account satisfies the requirement to be a First-Time Home Buyer Savings account; (b) Determining or ensuring that the funds in a First-Time Home Buyer Savings account are used for eligible costs; (c) Reporting or remitting taxes or penalties related to the use of a First-time Home Buyer Savings account.
Equal Housing Lender
NCUA

 

This page contains PDF documents that require Adobe Reader to view. To download click on the icon below.
Download adobe reader

 

 

 

SIGN IN

Background for Signon

Online Banking Login

click link below to login to Online Banking