Connection Credit Union

Open Doors Loan – Doing our part to help with affordable housing in our community

Connection Credit Union is partnering with credit unions across the state to offer a security deposit loan program to help combat the rising cost of housing in our communities.

Loan details:

  • 5.49% APR*
  • Borrow up to $5,000
  • Terms up to 18 months (on loans over $2,500)

Open Doors Loan Program details:

  • Covers 2/3 cost of first and last month’s rent plus security deposit.
  • Proceeds payable directly to landlord or property management company.
  • Household income qualifications – LESS than $47,900 for a 1 person household in Kitsap County.  Varies depending on family size.

Other details:

  • Credit qualifications:  580 or better credit score, 45% or less debt to income ratio and at least 6 months on job.
  • Some restrictions apply.  Must live, work, worship or attend school in Kitsap county to be eligible for membership.

Contact us today for additional details or to get qualified.