Granite provides financing for office space, retail, warehouses and industrial, residential or commercial rental properties. Local decisioning, loan requests are reviewed by individuals who understand the local economy. Whatever your business requires, we can help!

  • Competitive Rates
  • In-house processing and underwriting
  • Up to 80% LTV
  • No pre-payment penalties
  • Last 3 years business and personal tax returns, including all W-2’s and K-1’s if applicable
  • Last 3 years financial statements (balance sheet & income statements)
  • Year-to-date financial statements (balance sheet & income statements)
  • Completed business loan application
  • Completed personal financial statement
  • Verification of liquid assets reported on the personal financial statement
  • Copy of the purchase contract (if applicable)

*Additional information may be requested

  • Competitive Rates
  • Builder Lines of Credit
  • In-house processing and underwriting
  • 1% origination (no underwriting or processing fees)
  • 24-48 hour draw process
  • IRS 1099 forms prepped for contractors
  • Worry-free payment options
  • Last 3 years business and personal tax returns, including all W-2’s and K-1’s if applicable
  • Last 3 years financial statements (balance sheet & income statements)
  • Year-to-date financial statements (balance sheet & income statements)
  • Completed business loan application
  • Completed personal financial statement
  • Verification of liquid assets reported on the personal financial statement
  • Copy of the purchase contract (if applicable)
  • Construction plans
  • Budget
  • Contractor Contact Information

*Additional information may be requested

We also offer competitive rates and great service for Residential Construction Loans!

Granite_Credit_Union_BrianF

 

Brian Frandsen

AVP Commercial Lending

801.288.3034

BrianF@granite.org

NMLS # 583815