A home equity that
lets you choose
your next adventure

With a Desert Schools home equity loan, you have the means to cover almost any major expense.

Put in that gourmet kitchen or home theater. Pay off that unexpected medical expense. Cover that college tuition bill. Plus, for a limited time, receive up to $500 cash back when you finance your home equity loan with us!1


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You’ll enjoy these benefits:

  • Up to $500 cash back1
  • Fixed-rate loan with rates as low as 5.375% APR2
  • No points, upfront fees, or prepayment penalties3
  • Finance up to $500,0004
  • One-time disbursement
  • Interest is usually tax deductible5

See today's rates on home loan products with full terms and conditions.

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1The cash back paid is based on 1% of the loan amount ($10,000 minimum) for closed-end home equity loans. The cash back will be deposited into your Desert Schools savings account within one business day of the loan funding. Maximum cash back amount is $500. Bonus amounts are subject to all applicable taxes and are the responsibility of the borrower(s). Offer available for the financing of new Desert Schools closed-end home equity loans only. Offer available for a limited time only and subject to change without notice.

2Annual Percentage Rate (APR) is shown effective July 1, 2017 and may change without notice. “As low as” rate assumes excellent borrower credit history, loan amounts of $75,000 or more, 60% or less Loan-to-Value and includes a .25% discount, which requires Relationship Rewards level of Achieve at the time of application. See Statements of Terms, Conditions, and Disclosures for full Relationship Rewards details. Actual rates and APRs may vary and are dependent on credit history, type of product, loan term and other conditions. Minimum monthly payment will be principal and interest amortized over a 15-year repayment term. For example, on a $75,000 15 year (180 month) loan with an interest rate of 5.375%, in effect July 2017, the monthly payment would be $608.01.

3Closing costs are waived unless the loan is paid off within the first three years. An estimated range of fees is $200 to $750. Property insurance is required.

4Minimum loan amount $5,000; maximum 80% loan-to-value.

5Please consult your tax advisor.

Desert Schools Federal Credit Union NMLS ID #509455