You can choose one of many flexible options, including six and seven year loans that help you keep the payment down. You can also transfer your loan here from another institution with no fee.

Apply directly with Deseret First (online, over the phone, or in a branch). Get pre-approved and/or tell your DFCU Approved Dealer you want your loan with Deseret First. Your DFCU Approved Dealer can help you with your Deseret First financing on the spot.

• First time home buyer
• Conventional
• FHA/VA
• FHA/VA streamlines
• Jumbo / Super Jumbo
• Less than perfect credit

Having your own home is a central part of the American Dream. Deseret First can help you by providing the financing that's right for you.

Short term mortgage options may be right for you.

What's a Balloon Option? It's a loan that lasts five or ten years, but the payments are calculated as though it were a 15 or 30 year loan. When the balloon term is up, the remaining "balloon payment" is due. At this time and with no cost, you will have the option to fix your rate for an additional 5 or 10 year balloon term.

Deseret First can lend you money at very good interest rates when equity is available to secure your loan. Equity loans may also have tax advantages over other types of loans which may make them a favorable option if used wisely.

Equity refers to the value of your home minus the amount you still owe.

What's a Balloon Option? It's a loan that lasts five or ten years, but the payments are calculated as though it were a 15 or 30 year loan. When the balloon term is up, the remaining "balloon payment" is due. At this time and with no cost, you will have the option to fix your rate for an additional 5 or 10 year balloon term.

A home equity line of credit (HELOC) differs from an equity loan. It's a revolving line of credit. With a standard loan, you start paying interest on the complete amount immediately and you have a specific time period to pay off the loan. With a HELOC, you don't pay any interest until you have an outstanding balance. It is a low interest way to have immediate access to cash when you need it.

Deseret First can lend you money at very good interest rates when equity is available to secure your line of credit. Equity loans may also have tax advantages over other types of loans which may make them a favorable option if used wisely. Equity refers to the value of your home minus the amount you still owe.

Making your custom home a reality starts with financing. You need to purchase a lot to build on. Then you need flexible options to pay for the construction.

Deseret First's extensive experience with construction and lot loans has given rise to multiple financing choices that suit the approach you want to take. Start with us to secure your financing, then go build your dream home.

• Specialize in owner builder
• Rate discounts for lot ownership
• Rate discounts for using a general contractor
• Quarterly payments (interest only added to the loan)
• Purchase lot now while deciding when to build
• Multiple balloon terms available on lot purchases

As the name implies, a bridge loan provides you with funds to buy a new home while you're waiting for your current home to sell. This may happen if you have to quickly relocate for your work or maybe you've just found the right home for you and don't want to lose the chance to get it.

• No monthly payments required
• Multiple short term options
• Competitive rates

A signature loan (also called an unsecured loan) is a loan for which you don't have to provide collateral. Your credit history and capacity are what determine the amount you can get.

Savings and CD secured loans help you build your credit. For example, you could deposit $1,000 with the credit union as collateral to qualify for a $1,000 loan. Maybe you're thinking, "If I already had the $1,000, I wouldn't need to borrow it!" That's true, but this type of loan helps you build a credit history so you can later qualify for bigger things like an auto or home loan.

Visa Debit Cards with an overdraft line of credit protect you from fees if you accidentally overdraw on your checking account (i.e. spend more than you have). It's like a credit card that covers your checking account purchases up to the limit of your overdraft line of credit. Without this, you are subject to returned check fees from two parties: merchants and the financial institution.

Visa Debit Cards without an overdraft line of credit give you the convenience of not having to write checks to access your account. They still provide you with fraud protection as long as you sign for the purchase rather than using your PIN number for the transaction (see "Credit card benefits" below). No credit qualification is required to have a debit card.

Platinum Visa Credit Cards give you the best interest rate and highest limits.

Platinum Visa Credit with Rewards cards pay you for your purchases. Each purchase helps you earn rewards, so this is the perfect card to use for getting gas, groceries, and other regular purchases. Why not get rewarded every time you spend? Click here to view all rewards options.

Classic Visa Credit Cards aren't just an introductory credit card. While spending limits may be lower, they still provide you with fraud protection, car rental insurance, and many other benefits that come with all credit cards.

Card Benefits and Rewards Click here to learn about the benefits and rewards associated with your Deseret First Visa Card.

Lost or Stolen? If your Deseret First Visa Card has been lost or stolen, click here to contact us.