Couple looking at floor plans

Home Equity Loans

Access the funds you need to revolutionize your life.



The equity you have built in your home has taken years of work, and maybe even some sweat and tears. Let your dedication fuel your future with a low-rate home equity loan. Discover incredible opportunities for large purchases and expenses with the helpful assistance of Wasatch Peaks Credit Union.

Borrowing Made Simple

  • Competitively low-interest rates
  • Unique terms and payment lengths
  • Helpful and professional member service
  • High loan to value (LTV) ratios
  • Instant cash for large, one-time expenses
RATES APR as low as
APR as low as
APR as low as

Remodels & Repairs

Unlock the equity in your home to make improvements and necessary repairs.

Instant Cash

Conveniently transfer money between accounts and gain easy access to instant cash.

Pay Off Debt

Consolidate credit card debt into a single loan with a lower interest rate.

Home Equity Loan FAQs

  • Q: When is the best time to get a home equity loan?

    A: The ideal time to take out a home equity loan is after you’ve built significant equity in your home. If you have not owned your home for very long, or have not made very many mortgage payments, a home equity loan may not be the best option for you at this time.

  • Q: How do I use a home equity loan? It is like a HELOC?

    A: Home equity loans are one-time loans used to pay for large expenses with an established price. This is one of the many reasons why they are known as lump-sum loans. They are not a revolving credit line like HELOCs. If you are looking to fund your retirement, consolidate debt, or finance a new house, a home equity loan may be an excellent choice for you.

  • Q: What credit score do I need to take out a home equity loan?

    A: Your credit score is only a portion of the home equity loan application and approval process. When you are ready to apply, simply call or visit with one of our loan officers to inquire about the impact of your score in person.


BUY new appliances


FINISH your landscaping


REPAIR a broken furnace


Apply for a Home Equity Loan

There’s no time like now to take advantage of the equity you have built in your home. The possibilities are endless and customized to your unique financial goals.

It’s fast and easy to apply, so why not get the process started with the helpful professionals at your community credit union? Click the button below to get started!


*APR is Annual Percentage Rate. Home must be under 80% Loan-to-Value (LTV). This is our best rate; your rate may be different depending on credit score and underwriting criteria. Rates and offer subject to change. Membership eligibility is required.