HELOC Rates in Salt Lake City
Compare home equity line of credit rates from credit unions serving Salt Lake City, Utah. These are revolving HELOC offers, not first-mortgage rates. Today's best rate: 3.50% APR. Ranked by true cost with zero affiliate bias.
Salt Lake City HELOC rates range from 3.50% to 12.24% APR. Data from 31 credit unions serving Utah, updated August 2026.
Source: RateAPI.dev
Top Credit Unions for Salt Lake City HELOCs
Ranked by lowest APR. Based on a $100,000 credit line.
| Credit Union | Rate | APR | Est. Payment | |
|---|---|---|---|---|
Wasatch Peaks Credit Union HELOC (Variable) | 3.5% | 3.5% | $449/mo | Visit Site |
Jordan Credit Union HELOC AS LOW AS: | 3.99% | 3.99% | $477/mo | Visit Site |
American United Credit Union Home Equity Loan (Fixed) | 5.49% | 5.49% | $567/mo | Visit Site |
Lu 354 I B E W Credit Union Second Mortgages held by IBEWFCU | 7.086% | 6.49% | $631/mo | Visit Site |
America First Credit Union No Closing Costs Fixed For 5 HELOC 50% LTV | 6.49% | 6.49% | $631/mo | Visit Site |
How to Get the Best HELOC Rate in Salt Lake City
A HELOC lets you borrow against your home's equity with a flexible line of credit. Credit unions serving Salt Lake City often price them below banks. Here's how to qualify for the best rate:
Build Significant Equity
Most lenders require at least 15-20% equity. The more equity in your Salt Lake City home, the better the rates and limits you'll qualify for.
Improve Your Debt-to-Income Ratio
Lenders want your total monthly debt payments (including the HELOC) below about 43% of your gross income.
Join a Local Credit Union
Many credit unions serving Salt Lake City have flexible membership — often open to anyone who lives or works in Utah.
Compare Fees Carefully
Look beyond the rate to annual fees, closing costs, and early termination fees. Credit unions often have lower fees than banks.
Credit Unions Based in Salt Lake City
6 credit unions are headquartered in Salt Lake City. Local membership is often the easiest to qualify for — many accept anyone who lives or works in the area.
Frequently Asked Questions
Common questions about HELOC rates in Salt Lake City
As of August 2026, HELOC rates for credit unions serving Salt Lake City, Utah range from 3.50% to 12.24% APR, with a median of 7.24% APR. Most HELOCs carry a variable rate tied to the Prime Rate.
Most lenders serving Salt Lake City let you borrow up to 80-85% of your home's value minus your mortgage balance. If your Salt Lake City home is worth $500,000 and you owe $300,000, you could access roughly $100,000-$125,000 through a HELOC.
Credit unions serving Salt Lake City, Utah typically offer lower HELOC rates and fewer fees than banks. As member-owned non-profits, they pass savings back to members through better pricing and terms.
Most HELOCs in Salt Lake City carry a variable rate tied to the Prime Rate, so your payment moves as rates change. Some credit unions let you lock a fixed-rate portion of your balance for predictable payments.
Compare APRs across multiple credit unions rather than a single lender. The offers above rank Utah credit unions by lowest APR, and joining a credit union is usually as simple as opening a small savings account.
HELOC Rates in Other Utah Cities
HELOC Rates by State
Build With RateAPI
Access daily-updated HELOC rate data from credit unions across Utah via our REST API. Perfect for home equity calculators, fintech apps, and AI agents.