No matter what your need is, we have the loan to get you there.
0% APR Classroom Class Loan1
This useful financing option is specifically designed for teachers who need to purchase supplies for their classrooms.
- Borrow $500 for classroom supplies
- No credit report is required
- First payment may be deferred up to 45 days2 for all applicants
- Proof of employment with a qualified California school required
0% APR Gear Up Loan1
This loan is specifically designed for school staff such as custodians, maintenance workers, cafeteria staff, coaches, bus drivers and other classified employees (not teachers or administrators) to purchase uniforms needed for work.
- Borrow $500 for school district employee uniforms
- 12-month term
- No credit report is required
- First payment may be deferred up to 45 days2 for all applicants
- Proof of employment with a qualified California school required
Prime Plus Line of Credit
A great option for educators, our Prime Plus Line of Credit combines the benefits of low monthly payments with no collateral required. With loan amounts up to $50,000, low variable rates and monthly payments for an open-ended term, this is a smart solution for teachers and administrators who want to finance the education they need to take the next step in their careers.
- Revolving line of credit
- Low variable rate, low monthly payments
- No collateral required
Mortgage Rate Discount for Educators
Educators and other qualified California public and private school employees3 are eligible to receive an educator rate discount of .25% on a first mortgage loan (purchases only). Our loan officers can help you determine which loan may be right for you.
For more information or to apply, call our Real Estate Loan Center at (877) 228-4873.
Frequently Asked Questions
California Credit Union offers several specialized loan options specifically for educators and school staff, including:
- Home loans for teachers: Our mortgage loans for teachers include an educator rate discount of .25% on first mortgage loans for purchases3. These loans help teachers become homeowners with terms that work for them
- 0% APR Classroom Class Loan1: This specialized financing option allows teachers to borrow $500 for classroom supplies with no credit report required. First payments can be deferred up to 45 days2, making it easier to manage your budget at the start of the school year.
- 0% APR Gear Up Loan1: Designed specifically for school support staff like custodians, maintenance workers, cafeteria staff, coaches, bus drivers and other school employees, this loan provides $500 for required work uniforms with a 12-month term and no credit check.
- Prime Plus Line of Credit: This revolving line of credit offers up to $50,000 with low variable rates and monthly payments. With no collateral required, this personal loan for teachers is an excellent option for those pursuing additional education or certification
Note: All loans for teachers require proof of employment with a qualified California school.
To qualify for our specialized loans for teachers, applicants typically need:
- Proof of employment with a qualified California public or private school
- Regular employment status (full-time or part-time positions generally qualify)
- Acceptable credit history and debt-to-income ratio
- For mortgage loans for teachers, standard home loan requirements also apply
Supporting documentation like pay stubs, employment verification letters or school IDs may be required during the application process.
Yes! Educators and other qualified California public and private school employees can receive a rate discount of .25% on a first mortgage loan for purchase3 only. This special discount makes home loans for teachers more affordable, potentially saving thousands over the life of your loan. Our loan experts can help you decide which loan options are right for you and calculate your potential savings with this educator discount.
While standard personal loans are available to anyone who qualifies based on credit and income, loans for teachers are different in several ways:
- Special rates: Teacher loans often feature discounted interest rates not available to other borrowers
- Flexible terms: Repayment schedules that accommodate the academic calendar and teacher pay schedules
- Specialized understanding: Loan officers who understand the unique financial situations of educators
Personal loans for teachers combine the accessibility of standard personal loans with these educator-specific advantages.
Teacher loans offer numerous advantages designed specifically for educators’ unique needs:
- Mortgage rate discount: Qualified educators and school employees receive a .25% rate discount on first mortgage loans3 (purchases only), making homeownership more affordable. This discount can significantly reduce the total cost of mortgage loans for teachers over time
- Classroom assistance: California Credit Union understands that teachers often spend their own personal money on school supplies. We also offer resources on financial literacy to help manage your expenses
- Uniform assistance: For school support staff requiring specific work attire, our 0% APR Gear Up Loan1 provides $500 specifically for uniforms
- Credit union perks: Beyond loans, teacher members enjoy additional benefits, including better rates on savings accounts, access to financial counseling, educational resources on creating a budget and specialized services like our summer savings account for school employees to help manage income during school breaks
Additionally, as a member of a credit union rather than a traditional bank, you’ll experience the benefits of a credit union, which include more personalized service and being part of a financial institution that prioritizes member needs over profits.
Ready to get started with a teacher loan? Here’s what you’ll need to do:
- Pick how you want to apply: Visit a local branch, give us a call, or use our online application
- Gather your paperwork: Have your school ID or employment verification, recent pay stubs, ID, and financial information handy
- Fill out your application: The process is quick whether you’re looking for home loans for teachers or classroom supply funding
- Talk with our team: Our loan specialists understand what teachers need and can help find your best options
- Get your answer: We’ll review your application quickly, keeping in mind your status as an educator
We’re ready to guide you through every step, explaining the differences between options like credit union vs. bank loans and helping you find ways to save throughout the loan process.
We’re here to take your financial confidence to the next level.
Dive into our Learn Center to explore various financial topics or to learn a little more about our practices.
All loans are subject to minimum California Credit Union guidelines and are subject to approval. Rates, terms, and conditions are subject to change.
1 Existing CCU membership with direct deposit to an active CCU account required. Maximum term 15 months with Debt Protection, otherwise maximum 12 months. A sample payment based on 0.00% APR for 12 months per $500 borrowed with 45 days to first payment: 11 monthly payments of $41.67 and a final payment of $41.63.
2 Interest will continue to accrue from contract date.
3 School classified and certified employees eligible, proof of employment with a qualified California school required. Requires $1,000+ monthly direct deposit into a California Credit Union checking or savings account. Applies to primary residence purchase real estate loans only. Offer not available for refinance loans.