Beat Rising HELOC Interest Rates

Lock In A Fixed Rate

Worried about your home equity line of credit (HELOC) payments getting more expensive with rising interest rates? Don’t be—just convert all or part of your balance into a fixed-rate loan4!

Get predictable payments

Choose how much of your balance you want to lock in, select a term (5, 10 or 15 years) and pay it off with even, easy monthly payments.

Avoid interest surges

Whatever amount you lock in will stay at your fixed rate, no matter how much variable rates move.


Helpful Tip

You can lock in your rate up to five times during your draw period. Plus, as you pay down your balance, your funds become available again through your variable-rate HELOC.

Current Rates

5 Year Fixed Rate Loan1

Rates as Low as

10 Year Fixed Rate Loan2

Rates as Low as

15 Year Fixed Rate Loan3

Rates as Low as

View Rates

How It Works

Here’s an example: say you have a HELOC with a balance of $7,000 and a current variable rate of 5.25% APR. Because of continued rate increases, you want the security of a fixed-rate loan. You can lock all or part of it (minimum of $5,000) into a fixed-rate home equity loan.

You choose to lock $6,000 of that balance into a 5-year fixed-rate home equity loan with a rate of 5.49% APR5. To pay off that balance in exactly 5 years, you’ll pay $115 per month. The interest rate and your payments will stay the same for your entire term.

The $1,000 of your balance that you didn’t convert will still be subject to changes in your variable rate, and so will any other advances you make on your HELOC.

Family runs through a living room being remodeled with a UWCU fixed-segment HELOC.

Frequently Asked Questions6

What is home equity?
What's the difference between a home equity line of credit and a home equity loan?
How do you come up with a value for my home?
Why and when should I use my home equity?
Is it risky to use my home equity?
How does a home equity loan or line affect my credit score?

>> More Home Equity FAQs

Get in Touch

Want to know more about using your home equity? Get in touch with our local experts and get the answers and advice you need.

Phone Number 

(800) 533-6773(Option 1)

ITIN Lending - UWCU is proud to accept ITIN for HELOC applications.