Pixel for iHeart Radio
Apply Now


Enhance Your Living Space: How a HELOC Can Fuel Your Home Remodeling Dreams

Apply Now
Refurnished room with wooden floors, ladder, paint roller, and bucket.

Home remodeling projects, whether they involve revamping a single room or an entire house, can be both exciting and daunting. Financing these projects often becomes a major concern but utilizing a Home Equity Line of Credit (HELOC) can simplify the financial aspect. A HELOC offers flexibility and accessibility, allowing homeowners to borrow against the equity in their home at competitive interest rates.

Home Remodeling with HELOC: The Process & Planning

Embarking on a home remodeling project requires careful planning and consideration of the overall process. From determining the cost of specific areas like the kitchen and bathroom to understanding how to remodel a house, a HELOC can be a vital tool. It provides homeowners with the opportunity to make significant improvements without the immediate financial burden.

Understanding the terms and flexibility of the HELOC, aligning with your budget, and working with trusted professionals can make the process more efficient, enjoyable, and understandable. 

Ready to Remodel?

Talk to a UCCU Expert who can help you take the next steps needed to remodel to the house of your dreams.

Apply Now

(801) 223-8188 | Branch Locations

Available M–F 8am–6pm, and Sat. 9am–2pm,

Frequently Asked Questions

Can I use a HELOC for any type of remodeling project?

Yes, a HELOC can be used for various remodeling projects, such as kitchen and bathroom renovations, room additions, or even whole-house remodels. It provides the flexibility to finance both small and large projects. 

What happens if I don’t use all the funds in my HELOC?

Unused funds in a HELOC remain available to you during the draw period. You only pay interest on the amount you actually borrow. After the draw period ends, you’ll typically enter the repayment phase for the amount you’ve used.