Home Equity Archives - Page 3 of 3 - Utah First Credit Union

Dec 28, 2018 / Home Equity

How Your Home’s Equity Can Help with Holiday Expenses

The holidays are nearly over – the most expensive season of all. The food, the parties, the presents – they make the season special. But they don’t always come cheap. If you’re wondering about the best way to afford this year’s holiday expenses, a home equity line of credit may be a good option for…

Oct 23, 2018 / Home Equity

What’s the Best Way to Use the Equity in Your Home?

Has your mailbox been littered with mailers and market reports about your home value lately? The Utah real estate market is hot, hot, hot, and home values are rocketing up. It’s crazy stuff to see your home value half again—or even double—what you paid. If…

Mar 23, 2018 / Home Equity

Let’s Talk HELOC: 7 Questions to Ask When Considering a Home Equity Line of Credit

Sometimes life can get expensive. Whether it’s the pressure of a wedding, the chaos of a home remodel, or the looming presence of student debt — there are times when a little extra financial help could go a long way. We totally get it, which is why…

Mar 09, 2018 / Home Equity

4 Things You Need to Know About HELOCs

When you think loans, what comes to mind? If you’re like most people, borrowing money means receiving a single sum of money that you pay off with interest over time. And, while a traditional loan may be a perfectly fine option, there may be a…

Oct 02, 2017 / Home Equity

What Can I Use a Home Equity Line of Credit For?

A home equity line of credit (HELOC) can be a great way to borrow money, but as with any loan it’s important to understand what you’re getting into, and exactly how you plan to spend the money. Here are a few things you should know…

Surprising Ways to Use a Home Equity Loan - Family Vacation

Feb 16, 2017 / Home Equity

Your Home Can Help Finance Your Life

A Home Equity Line of Credit (HELOC) lets you use the equity in your home to get the cash you need. Most of the time, people use a HELOC for home improvements–a new roof or a kitchen remodel–but did you know that you could use…

Couple Making Home Improvements with HELOC

Mar 18, 2016 / Home Equity

Financial Firsts: Applying for a Home Equity Line of Credit

Your home sweet home is much more than a place to hang your hat and kick up your feet with the family. The equity you’ve built in your home can help you get ahead financially by providing you with a boost when you need one.…

Woman calculating savings when using a home equity loan to pay off debt.

Mar 04, 2015 / Home Equity

Use a Home Equity Loan to Cut Debt Costs

Paying off credit card and other types of short-term debt can be liberating. But trying to get debt-free can seem hopeless, as interest charges accumulate even when you make hefty payments. If you’re a homeowner whose house is worth more that the mortgage and you’re…

Feb 25, 2015 / Home Equity

Surprising New Ways to Use a Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) lets you use the equity in your home to get the cash you need. Most of the time, people use a HELOC for home improvements--a new roof or a kitchen remodel--but did you know that you could use…