Skip to content
Bank of Oklahoma



With this feature, you get the flexibility of a home equity line of credit and the fixed-interest rates of a home equity loan when you utilize SmartLock.


A flexible loan, now with fixed interest rates

Using the SmartLock* feature on your loan, you can convert a portion of your line of credit balance into fixed rate loans. This allows you to take advantage of lower interest rates when you know exactly how much you'll need to take out, while still giving you all the flexibility of a home equity line of credit.

See our rates

  • With SmartLock, you never lose the flexibility in your HELOC. Once you've locked a portion of your loan, you can still use the rest of your available credit at any time and on anything you need.

  • With SmartLock, a portion of your line of credit will have the stability of a loan. That means you'll lock in a low interest rate, know your monthly payments in advance, and have the ability to set up an automatic payment through your Bank of Oklahoma checking account.

Using SmartLock can help you consolidate debt and lower your monthly payments. See below for an example of how this could work for you.

Type of Credit Balance Average APR** Approximate Monthly Payment
Credit Card Debt $20,000 12% $400
Auto Loan $25,000 4.18% $462
Swimming Pool $25,000 4.88% $196
Total $70,000 -- $1058
With SmartLock $70,000 4.28% $528
Payments Reduced By $530/mo

Use your home equity line of credit to buy a new car, the pool you’ve always dreamed of, pay college tuition, or almost anything else you need. After you've made an advance from your line of credit, use SmartLock to lock those balances into separate fixed rate loans. Or, for even more savings, you can bundle several advances together at one low rate. Then, you can continue to borrow from the remaining portion whenever you need.

Save time applying by logging in to your online banking account
Blend Labs, Inc. hosts the online application for us.