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The Flavors of Fall

Home Baked Equity Biscochito

We have the recipe for the cash you need

As a homeowner, you can turn the equity in your home into cash when you need to consolidate debt, improve your home, buy a car or take care of other financial obligations. Upon acceptance, you receive a lump sum of money to use for these projects or debt payments. The loan is repayable over a fixed term. A home equity loan gives you a secure locked-in rate and a consistent monthly payment.

Benefits of a Home Equity Loan

  • Immediate cash for large purchases
  • Low fixed rate
  • No closing costs up to $150,0001
  • Rates as low as 5.75% APR1 Fixed

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Use the funds for things like:

  • Debt consolidation
  • Refinance a home equity loan from another institution
  • Buying a car
  • Other expenses - expected or unexpected.

Home Equity Loan
Effective Date: 09/01/18
Term in MonthsAPR1 as low asApproximate Payment2
120 5.75% $220
180 5.90% $168
1. Rates are subject to change without notice. New Sandia Area loans only. Annual Percentage Rate (APR) on approved credit. Rates are based on an evaluation of credit history and lien position. "As low as" rate assumes excellent credit history. Your rate may differ. Closed End Home Equity Loan is a fixed rate loan. Maximum loan amount is $200,000 and maximum LTV is 90%. Closing costs associated with this product are waived for loans up to $150,000 in Greater Albuquerque and surrounding area on their primary residences with clean title history. Loans over $150,000 or outside of Greater Albuquerque and surrounding area are subject to cost of property appraisal, flood certification, recording fees, and title insurance, which generally range from $1,467 to $1,600. Borrower is responsible for homeowners insurance and, if required, flood insurance. 2. Payment example assumes $20,000 loan.

Home Baked Equity Biscochito


  • 1 whole home with equity
  • 1/2 cup expected or unexpected expenses
  • 3 cups Sandia Area competitive Home Equity rates


In a large bowl, combine the equity in your home with home improvements, tuition, or any other expected or unexpected expenses. Mix in Sandia Area competitive home equity rates. Roll out and cut into manageable portions. Bake up to 15 years at 505 degrees F. Remove from oven. Discard closing costs up to $150,000 for best results.1

Serves one household with exciting possibilities.


Suddenly left with a sweet tooth? Check out one of our favorite Biscochito recipes by clicking the link below!