HELOC Rates

Home Equity Line of Credit Rates FAQs

• Q: What resources can I access before getting a HELOC?

  A: There are several resources you can rely on as you discover HELOC rates and terms in your research. Read Seven Questions To Ask Before Making A Large Purchase. Or, check out our financial literacy support and interactive learning portal.

• Q: What should I use my HELOC for?

  A: HELOCs are great because even once the introductory rate period ends, you can enjoy a low-variable rate to fund ongoing purchases like home remodeling, college tuition, debt consolidation, and more.

• Q: Will HELOC rates drop?

  A: HELOC rates through Wasatch Peaks Credit Union are fixed with a low introductory period for the first six months. The rates then transition to variable rates. These variable rates may go up or down as the market fluctuates.