Home Equity Loan
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 Apply now, visit a branch, or call 602-335-5003 and let us help you get started.

You're Not Alone When You Need a Loan

  • Up to $500 cash back1
  • Fixed rate loan with rates as low as 4.74% APR2
  • No points, upfront fees, or prepayment penalties3
  • Finance up to $500,0004
  • One time disbursement
  • Interest is usually tax deductible5

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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) shown effective July 24, 2016 and may change without notice. Rate shown is for a closed-end, fixed rate product for loan amounts $75,000 and over, less than 60% Loan-to-Value. Assumes excellent borrower credit history and includes a .25% discount which requires (i) enrollment in Relationship Rewards and (ii) Relationship Level of Achieve at the time of application. Additional discounts may apply. Actual rates and APRs dependent on credit history, type of product, loan term and Loan-To-Value (LTV). All loans subject to credit approval.

3Closing costs are waived unless the loan is paid off within the first three years. An estimated range of fees are $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