The minimum application amount for consumer loans is $1,000 and home equity loans is $5,000. Mortgage loans have different minimum loan amounts, depending on the product selected.
It may be used when and where you want. For instance, you can renovate your home or yard, fund your child's education, or simply make purchases at your discretion.
Yes. Although you pay additional money toward the amount you owe, your original loan agreement states that the minimum payment must be made each month. The extra payment will, in essence, reduce the total amount you owe and may decrease the number of months of your loan, depending on the amount.
Auto pay is an automatic loan payment withdrawn from a Desert Financial checking account on the same day each month.