Give Your HELOC Stable Ground


Lock In A Fixed Rate

Want steady, consistent payments on your home equity line of credit (HELOC)? Just convert all or part of your balance into a fixed-rate4!

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.
  • 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 Line of Credit Fixed Segment1

Rates as Low as
6.49
%
APR *

10 Year Line of Credit Fixed Segment2

Rates as Low as
7.49
%
APR *

15 Year Line of Credit Fixed Segment3

Rates as Low as
8.99
%
APR *

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. To get more predictable payments, you can lock all or part of it (minimum of $5,000) into a fixed-rate.

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

>> 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.