Home Equity Line of Credit

A home equity line of credit (HELOC) gives you easy access to the equity in your home for a variety reasons:

Debt consolidation
Home improvement
Vacations

We offer a 10 year draw period with a 10 year repay period. A HELOC provides a flexible way to borrow with no annual fee.*

Apply for a HELOC

HELOC Parameters

Up to 90%

Minimum Amount

$15,000

Variable APR on loans < $250,000

5.24%

Term

10 Year Draw; 10 Year Repayment

Minimum Draw Amount

$250

Effective Date: 4/11/2018. APR is based on WSJ Index plus margin. Rate may increase after consummation, maximum APR 18%.

Combined Loan-to-Value	Minimum Amount	Variable APR on loans < $250,000	Term	Minimum Draw Amount
Up to 90%	$15,000	5.24%	10 Year Draw; 10 Year Repayment	$250

Effective Date: 4/11/2018. APR is based on WSJ Index plus margin. Rate may increase after consummation, maximum APR 18%.

* Loans subject to credit approval. To obtain the advertised APR, borrower must have excellent credit score, under 80% LTV, must be primary residence and have automatic debit from a Bank of Utah deposit account. Other APRs and CLTVs are available. Talk with a loan officer for details.

Contact Us

For more information about HELOCs, contact a Loan Officer.

Contact a Loan Officer