APR = Annual Percentage Yield. All rates subject to change without notice.
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.
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.
Many homeowners choose home equity loans because they offer so much flexibility. Some of the most common uses include:
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:
To learn more, talk to a loan specialist today. Call 800-234-0729.
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.