Finance Product Details
Residential Energy Efficiency Loan (REEL) by Desert Valleys Federal Credit Union
Lender: Residential Energy Efficiency Loan (REEL) by Desert Valleys Federal Credit Union
Verified by Lender on: 8/14/2017
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
years
Minimum Amount:
$0
Maximum Amount:
N/A
Fees:
None
Down Pmt. Required:
No
Re-pmt. Method:
Unknown
Pmt Frequency:
Pre-pmt Penalty:
No
Allowable Projects
Other Program Requirements
Financing Approval Time
Equity in Property Needed
No
Other Variations of this product
Residential Energy Efficiency Loan (REEL) by Desert Valleys Federal Credit Union
Property Types | |||
Sponsor | CHEEF | CHEEF | CHEEF |
Financing Type | Unsecured loan | Unsecured loan | Unsecured loan |
Term (years) | 1 - 5 year(s), 6 - 10 year(s), 11 - 15 year(s) year(s) | 1 - 5 year(s), 6 - 10 year(s), 11 - 15 year(s) year(s) | 1 - 5 year(s), 6 - 10 year(s) year(s) |
Rate (APR) | 7.5% - 8.5% | 6.5% - 8.5% | 4.5% - 6.5% |
Min. Amount | $2,500 | $2,500 | $2,500 |
Max. Amount | $50,000 | $50,000 | $50,000 |
One-time Fees | No | No | No |
Ongoing Fees | No | No | No |
Description | The Residential Energy Efficiency Loan (REEL) is offered through Desert Valleys Federal Credit Union, a CHEEF Participating Lender. It offers financing to pay for eligible energy efficiency projects to qualified single-family and 1-4 unit residential customers in portions of Kern (Boron, California City, Kernville, Lake Isabella, Ridgecrest), San Bernardino (Trona) and Inyo (Big Pine, Bishop, Independence, Lone Pine) counties. Up to 30% of the loan can be used to pay for other home improvements, such as water-saving projects and remodeling. | The Residential Energy Efficiency Loan (REEL) is offered through Desert Valleys Federal Credit Union, a CHEEF Participating Lender. It offers financing to pay for eligible energy efficiency projects to qualified single-family and 1-4 unit residential customers in portions of Kern (Boron, California City, Kernville, Lake Isabella, Ridgecrest), San Bernardino (Trona) and Inyo (Big Pine, Bishop, Independence, Lone Pine) counties. Up to 30% of the loan can be used to pay for other home improvements, such as water-saving projects and remodeling. | The Residential Energy Efficiency Loan (REEL) is offered through Desert Valleys Federal Credit Union, a CHEEF Participating Lender. It offers financing to pay for eligible energy efficiency projects to qualified single-family and 1-4 unit residential customers in portions of Kern (Boron, California City, Kernville, Lake Isabella, Ridgecrest), San Bernardino (Trona) and Inyo (Big Pine, Bishop, Independence, Lone Pine) counties. Up to 30% of the loan can be used to pay for other home improvements, such as water-saving projects and remodeling. |