Start variable with a sweet 5.15% intro APR for 6 months, then lock up to 5 portions of your balance at fixed rates anytime from 5.99% APR!
Looking to remodel, clean up debt, or get ahead of life? A Utah First HELOC can flex with your goals (and rates) as they change. Nobody’s got it all figured out upfront!
You’ll start with our 5.15% intro rate for 6 months, keeping all or part of your balance variable for lower, interest-only payments and flexible cash flow. As your plans take shape, you can lock portions (up to 5) into fixed rates from 5.99% APR and pay them down faster. Set up your balance the way you want!
You’ve got plans of all shapes and sizes. Some are big dreams, some are practical to-dos — but they’re all important. A Utah First HELOC helps you bring them to life and make lifelong memories without locking yourself into one way of doing things.
Let’s say you’re working with $100,000 in equity:
Each portion meets the moment with its own rate, term, and payment, which means you pay off short-term expenses faster, keep bigger projects affordable, and reduce the interest you pay across the board!
apply for a heloc“We have a HELOC here. They have great rates and I love the ability to lock it into a fixed rate and unlock if rates improve. All the representatives we’ve worked with have been great.”
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Take a few minutes to fill out the quick online application form. We’ll use your home’s value and what you owe to estimate what you can borrow. Once it’s time to close, you’ll pop into a branch to sign some documents, and you’re good to go!
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Use your HELOC for projects, debts, or whatever comes up, and only pay interest on what you spend. Swipe our HELOC Visa like a credit card to cover expenses directly — or move funds from your HELOC into Personal Checking for transfers or bill payments.
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Enjoy a 20-year draw period where you can use and reuse your funds as you repay them. For bigger projects, lock specific portions into fixed rates for stability—and if rates drop, simply unlock and re-lock to optimize your payments! Once the draw period ends, you’ll have 10 years to comfortably wrap up any remaining balance.
| Type | Product | Term | APR* |
|---|---|---|---|
| Variable | 80% Home Equity | 30 Years | 7.25% |
| Variable | 70% Jumbo Home Equity | 30 Years | 8.25% |
Our Utah mortgage pros are ready to chat and help you find the perfect loan so you can feel good about your next move!
Apply NowA HELOC (home equity line of credit) lets you borrow against your home’s equity. You use what you need, when you need it, and only pay interest on what you use!
You can use a Utah First HELOC for pretty much anything — home projects, debt consolidation, tuition, vacation, or just leveling up your financial game.
A Utah First HELOC offers elite-level flexibility. Go variable, fixed, or both, and split your balance into as many as 5 plans with the freedom to adjust as rates change.
All you need to qualify for a Utah First HELOC is a Personal Checking account, plus enough equity in your home and standard credit/income qualifications.
Nope! You can use as much or as little as you want. The rest is there when you need it.
In some cases, you can — especially for home improvements! Check with a tax pro to see what applies to you.
APR = Annual Percentage Rate. 5.15% APR introductory rate available only on new 80% & 70% Jumbo Home Equity Lines of Credit (HELOC). Introductory rate applies for the first six (6) months after opening, reverting to the variable rate as shown in the original Credit Agreement. Member must have a Utah First Personal Checking account at the time of funding. Fixed rate lock options are priced based on creditworthiness, amount and term selected, and may vary from your home equity line variable rate, any promotional rate, or the advertised rates shown above. Terms, and eligibility requirements apply. Limited time offer.
*Jumbo loans have an aggregate loan balance of more than $832,750
**HELOCs up to $250,000 loan amounts are not typically subject to fees or additional costs. All Loans are subject to a recapture fee, equal to the origination costs, if the loan is paid off and closed within 48 months of the original funding date.
