Home Equity Solutions
Home equity lines of credit and home equity loans
Home Equity Line of Credit
Current variable rate as low as
8.74%APR1
Rate includes discount for automatic payments from a DCB deposit account.
Home equity lines of credit allow you to borrow as needed for occasional expenses, such as tuition payments or emergency money in a pinch. And with multiple draw options—with a check, online, over the phone, or at a branch—they offer convenience as well as peace of mind. Set up automatic monthly payments from a DCB account and receive a 0.25% interest rate discount.1
Home equity loans offer a lump-sum amount that's repaid at a fixed monthly rate. They're an ideal way to help consolidate debt or make home improvements.

Make Home Improvements
Renovating and repairing your home is more than just about comfort and functionality—it adds value to your investment.

Consolidate Debt
Help pay down high-interest debt (like credit cards) at a more reasonable rate.

Make Tuition Payments
Easily manage your tuition payments as you invest in your future.

Make Purchases
Finance significant purchases at a rate that's likely lower than your credit card.
1The sample annual percentage rate (APR) is based on the Wall Street Journal prime rate (index) as of 12/3/2023, plus a margin. The sample APR reflects a primary residence combined loan-to-value (CLTV) ratio of 80% or lower, and a 0.25% interest rate discount that is available for HELOCs with monthly automatic payments (ACH) established and elected at the time of application to be paid from a borrower’s Desert Community Bank deposit account. Actual APR remains variable for the life of the loan and will be based on the published Wall Street Journal prime rate (index) in effect, plus a margin determined by the borrower's credit qualifications, the amount of the line of credit, lien position, CLTV ratio, type of property, and other factors. Effective 12/3/2023, the current variable APR will range from 8.74% to 21.00%; it will not exceed 21.00% APR. Rates apply to new HELOC accounts and may not apply to existing HELOC accounts.
Desert Community Bank Home Equity Line of Credit (HELOC) is a variable rate, revolving line of credit secured by a primary residence (1- to 4- unit residential homes and modular homes) or secondary residence (1- unit residential homes). HELOC loan amounts can vary between $10,000 and $1 million with a combined loan-to-value (CLTV) ratio of 85.00% or lower. Annual fee is $75 per year and is waived the first year. The HELOC must remain open for at least 36 months to avoid payment of closing fees, including, but not limited to, title, appraisal, document signing fee, and recording fees. Loan amounts greater than $500,000 require borrower-paid Lender's Title Insurance. Borrower is responsible for paying all applicable government taxes and fees at closing as permitted by law. There is a 10-year draw period in which minimum monthly payments are due. If interest-only payments are selected during the 10-year draw period, only paying the minimum payment may not reduce the principal balance. During the 20-year Repayment Period, if any, your minimum payment for each Billing Cycle will equal the greater of $100 or the amount sufficient to repay the Account Balance in full by the Maturity Date in substantially equal payments plus the Finance Charges that accrued for that Billing Cycle and other fees, charges, and costs. The borrower is responsible for separate payments of property taxes and insurance. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. The borrower must have verifiable income. Offer not valid in Texas, Puerto Rico, or the U.S. Virgin Islands. For qualified borrowers. Subject to credit approval, underwriting approval, and lender terms and conditions.
CONSIDERATIONS: The annual percentage rate (APR), fees and charges may vary by product and property state. Consolidating or refinancing debt may increase the time and/or the finance charges/total loan amount required to repay debt. Please consult your tax advisor regarding the deductibility of interest. Important information will be provided to you in the disclosures you receive after we have received your application and within the loan documents you are provided at loan closing.