Home Equity Line of Credit


Get cash whenever you need it with our flexible home equity line of credit.

for the first 12 months
Rates as low as
after the first 12 months


Desert Financial offers a home equity line of credit that you can use for whatever you need — from paying bills or unexpected expenses to tackling your to-do list of home repair and improvement projects.

You’ll enjoy these benefits

  • No application fees
  • Waived closing costs2
  • Easy access to funds through online banking
  • Locked-in payments with our Fixed-Rate Option

Home values have been on the rise, so take advantage of our great rates while they are near historic lows. We’ll be with you every step of the way.

Apply now, visit a branch, or call (602) 433-5626.

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


Complete the form below and click “submit” to have us contact you directly.

1APR= Annual Percentage Rate. Promotional APR applies only to new HELOCs with a minimum loan amount of $10,000 and a maximum loan-to-value (LTV) of 80%. $50 annual fee applies; waived for Rewards+ members. See Statements of Terms, Conditions, and Disclosures for full Relationship Rewards details. Promotional APR is fixed for initial 12 months of the term. On the first calendar day of the 13th month following loan closing date, APR will convert to the variable rate plan as described in the applicable loan documents. Subsequent APR may vary based on the index rate, plus a margin. Index rate is based on the Prime Rate as published in the Wall Street Journal. On June 17, 2020 that index was 3.25%; resulting APR with a 0.875% margin is 4.125% Floor rate at the end of the initial 12-month period is 3.50%. APR will never exceed 18.00%. "As low as" rate assumes excellent borrower credit history, loan amount of $75,000 or more, and 60% or less Loan-to-Value. Alternative rates and terms are available. Actual rates and APRs dependent on credit history, type of product, loan term and loan to value (LTV). This line has a 10-year draw period. Minimum monthly payment will be principal and interest amortized over a 30-year repayment term. Fixed Rate Option: Must convert a minimum balance of $10,000 to Fixed Rate Option and may not exceed the credit limit. Loan term cannot exceed loan maturity date. Maximum of three Fixed Rate Options may be open at one time. Rates for the Fixed Rate Option are typically higher than HELOC variable rates. Minimum payment on a Fixed Rate Option includes principal and interest in fixed monthly payments. Eligible property includes single-family, owner-occupied, primary residence and vacation homes (located in AZ only). Property insurance required. Interest may be tax deductible. Consult your tax professional regarding deductibility. 2Closing costs are waived unless the loan is paid off within the first three years. An estimated range of fees is $200 to $750. NMLS ID #509455