All Utah First branches will be closed on Monday, February 20th in observance of Presidents' Day.
Home Equity Line of Credit
Type
Product
Term
APR
Variable
80% Home Equity
30 Years
3.99%
Variable
90% Home Equity
25 Years
5.25%
Variable
100% Home Equity
20 Years
6.75%
Variable
125% Home Equity
15 Years
9.25%
Home Equity Advantage
Type
Product
Term
APR
Fixed
80%
5 Years
4.50%
Fixed
80%
10 Years
6.00%
Fixed
90%
5 Years
6.00%
Fixed
90%
10 Years
8.00%
Fixed
100
5 Years
8.00%
Fixed
100
10 Years
9.00%
Loan Calculator
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APR = Annual Percentage Rate. All rates subject to change without notice.

Put Your Home Equity
to Work for You.

Get unparalleled flexibility with a Utah First Home Equity Loan. You don’t have to choose between fixed- or variable- rate loans. We’ll let you opt for a fixed rate on some portions of your loan and a variable rate on others. Utah First says “yes” to giving you more control over your interest rates, your monthly payments, and your budget.

 

What is a Home Equity Loan? What is a HELOC?

A home equity loan is a lump sum loan in which you use your home’s equity as collateral to secure the money you’re borrowing. A HELOC also uses your home as collateral, but gives you access to a monthly line of credit—similar to the way a credit card works.

Home equity loans or HELOCs are sometimes referred to as 125 loans or 125 HELOCs because many of them let you borrow 125% of your home’s equity.

How Can a Home Equity Loan or HELOC Help You?

Many homeowners choose home equity loans because they offer so much flexibility. Some of the most common uses include:

  • Home improvements, including repairs, remodels, upgrades or additions
  • Purchases like vehicles, vacations or major appliances
  • Family expenses such as taxes, medical bills, school tuition or weddings

 

Benefits of a Home Equity Loan or HELOC.

Utah First offers a hassle-free funding experience. We offer flexible payment options with easy-to-understand terms. And we can help you borrow up to 125% of your home’s appraised value for home improvements. But the benefits keep coming. You’ll also get:

  • A fixed rate on all or just a portion of your loan
  • The ability to use your funds as a loan or a line of credit
  • No origination costs or fees
  • Interest-only payment options
  • The potential to deduct your loan’s interest on your annual income taxes

To learn more, talk to a loan specialist today. Call 800-234-0729.

You're Still the King of Your Castle.

When you partner with Utah First for your home equity loan or HELOC, you're in charge. We will help you secure the money you need with rate and payment options to fit your budget.

Apply Now
Corporate
200 E South Temple
Salt Lake City, Utah 84111
800-234-0729
Monday - Friday: 9:00 am - 5:30 pm
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Routing & Transit Number: 324079500

Utah First Federal Credit Union is federally insured
by the National Credit Union Administration.