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. |