Do your financial dreams feel out of reach? Good news!
Utah First has been helping members crush their goals since 1935 — and to celebrate 90 years of trusted service, we’re dropping our introductory HELOC rate to an impossibly low 5.15% for the first six months of your loan. Kitchen reno? Dream vacation? College fund? Your home equity gives you the flexibility to make it happen!
All you need is a Utah First Personal Checking account to claim this exclusive offer. Your dreams don’t wait, and neither should you. Celebrate with us — lock in your 5.15% today!
With a Utah First home equity loan or HELOC, you can use the equity in your home to help pay for big events, family vacations, upcoming expenses, or overdue home improvement projects — all at our special anniversary rate of 5.15%.
A HELOC works like a credit card: we issue a line of credit based on the equity in your home. You use as much or as little as you want for whatever you want, whenever you need it. And you can switch between fixed and variable interest at any time.
Save money and get the peace of mind knowing your rate won’t increase with Utah First’s Home Equity Fixed-Rate Lock Option. You’ll have the option to lock in a fixed rate for all or a portion of your HELOC funds, protecting you against market fluctuations. Lock in up to five fixed-rate options at a time. Terms for these fixed rates are available for 1-10 years, with the ability to amortize the payments for up to 15 years.
You can have up to five locks and use each for different needs. As you pay down the locked balance on each, the available line of credit amount increases and becomes available for use.
Your next big move starts here. Take advantage of our special 90th anniversary 5.15% HELOC rate while it lasts!
Apply Now
Use the following formula to determine how much you can borrow. Numbers are provided as an example and should be replaced with your specific details.
| Value of Your Home | $400,000 |
| Loan-to-Value Ratio | X 80% |
| Percentage of Home Value | = $320,000 |
| Minus Balance Owed on Home | – $200,000 |
| Potential HELOC Amount | = $120,000 |
| Type | Product | Term | APR* |
|---|---|---|---|
| Variable | 80% Home Equity | 30 Years | 7.50% |
| Variable | 70% Jumbo Home Equity | 30 Years | 8.50% |
| Variable | 90% Home Equity | 25 Years | 9.25% |
| Type | Product | Term | APR* |
|---|---|---|---|
| Fixed | 80% Home Equity | 5 Years | 5.75% |
| Fixed | 80% Home Equity | 6-10 Years | 6.25% |
| Fixed | 90% Home Equity | 5 Years | 7.25% |
| Fixed | 90% Home Equity | 6-10 Years | 7.75% |
| Fixed | 100% Home Equity | 5 Years | 10.50% |
| Fixed | 100% Home Equity | 6-10 Years | 11.00% |
=
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 $766,550.
**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.