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Security Deposit

SECURITY DEPOSIT LOAN

 

REMOVING FINANCIAL BARRIERS
TO RENTAL HOUSING

 




     


In partnership with the Northwest Credit Union Foundation and the Meyer Memorial Trust, credit unions have come together to pilot a loan program to address the rising costs of housing in the Portland area.



The State of Oregon has been struggling through a housing crisis. A growing population, strong economy, and limited housing supply have contributed to inflated rental prices, leaving few options for the financially vulnerable. The need to come up with a large security deposit and two months' rent can be a hurdle for many single or low-income households, often resulting in the reliance on high-interest-rate loans to make ends meet.

We acknowledge this issue and have partnered with other credit unions to offer a pilot program aimed at bridging the financial gap. We now offer short-term financing for assistance with security deposits in addition to first and last month's rent. Stop by any of the participating credit unions or apply online to get pre-approved for a security deposit loan and get into a new rental today!



Consolidated Community
Credit Union

If you live, work, worship, own a business, or go to school in Clackamas, Columbia, Hood River, Multnomah, Washington, or Yamhill Counties, Oregon: or Clark or Skamania Counties, Washington; or are a relative of a current Consolidated member, apply here!

*ITIN lending available

Point West Credit Union


If you or a family member lives or works in Multnomah, Washington, Clackamas, or Yamhill County, apply here!

*ITIN and interest rate alternative lending available

Trailhead Credit Union

If you are an individual of Multnomah County or a family member of a current Trailhead member, apply here!








 APPLY NOW 

*APR= Annual Percentage Rate. Actual term depends upon lease duration. Payment example: $2,500 at 4.99% for 12 months = $214.02. Subject to change without notice. See credit union for details.

 

 

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