Home Equity Line of Credit

With a home equity line of credit (HELOC), you can borrow money against one of your greatest assets... your home.

Much like a credit card, a HELOC gives you the flexibility to pay down your credit line and access funds as you need them.

A HELOC is a convenient and cost-effective option to finance home improvement projects or consolidate debt. You can also access the account to pay for vacations, weddings, college tuition, or whatever else life brings your way.

Benefits of a Home Equity Line of Credit

  • Low variable rate of 4.50% APR*
  • No Fees or closing costs
  • Visa Platinum Card for convenient access to funds
  • Interest paid on a HELOC may be tax deductible

Special Offer

Intro 2.49% APR Fixed on 20-Year HELOC***

Apply Now

HELOC Rates**

as low as

Interest-Only Home Equity Line of Credit

USU Credit Union is offering a special interest-only Home Equity Line of Credit that can significantly lower your monthly payments and increase your cash flow.

  • 5.25% APR Variable (Prime Rate + 1%)
  • Interest-only payments for the first five years
  • 20-year term
  • No fees
  • Interest paid on a HELOC may be tax deductible

Apply Now

Speak with a USU Credit Union Home Loan Specialist

Call us:

435-753-4080

Text us***:

801-893-4928

Visit with us in person:

Find a local USU Credit Union branch

Our home loan professionals are available to answer your questions via call, online chat, text, or email from 9 am to 5 pm Monday – Friday and from 9 am to 2 pm on Saturday. In-person consultation hours vary by branch.

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Prefer a home equity loan with a single, lump-sum of money at a fixed rate?

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All rates and offers available for a limited time and subject to change without notice. Other restrictions apply. Home equity loans and lines of credit have a maximum variable APR of 18%. Fees may apply if closed within 24 months. Click here for a full list of rates and terms.

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Cash advances of $10,000 or more made between October 1, 2017 through December 31, 2017 on a new or existing CashLiner 4 Home Equity Line of Credit (HELOC) will be at a promotional 2.49% fixed Annual Percentage Rate (APR). The 2.49% Fixed APR will apply to qualifying cash advances through June 30, 2018. For existing HELOC cash advances: On July 1, 2018, your interest rate on any outstanding balances still owing for advances that occurred during the promotional period will revert to a variable rate based on Prime Rate plus or minus the margin stated in your original HELOC agreement. For new HELOC cash advances: On July 1, 2018, after the introductory period, outstanding balances for advances that occurred during the introductory period will revert to a variable rate of Prime Rate + 0.25%. As of October 1, 2017, the Wall Street Journal Prime Rate is 4.25% APR.