MORTGAGE ORIGINATORS
SHORT TERM MORTGAGES
2ND MORTGAGES
HOME EQUITY LOANS
CONSTRUCTION LOANS
REVERSE MORTGAGES
Traditional Mortgage to own your own home - header

Type/TermInt. Rate**APR*Orig. Fee
30 yr-Conv.3.125%3.169%0.00%
30 yr-7/1 ARM3.00%3.295%1.00%
15 yr- con2.75% 2.821%0.00%

The garage door opens and you pull your car in. You picked up dinner on the way and the aroma is making your mouth water. You walk in to an open space bursting with possibilities but no furniture yet. It’s scheduled to arrive tomorrow. You were too excited to wait so the two of you will enjoy a romantic candle-lit dinner on the floor of your new home with an incredible view out of the dining room window of the granite-filled Cottonwood Canyons in the distance. You’ve got a new member of the family due to arrive in a few months and you needed a bit more space. You saved smarter for a down payment with the Home Buyer Certificate from Granite Credit Union and your appraisal fee was waved on your Granite Credit Union mortgage. So many reasons to raise your paper cup in a toast. Granite Credit Union is always there so you can make life happen.

GRANITE TRADITIONAL MORTGAGE

  • Terms up to 30 years
  • FHA, Conventional or ARM
  • In-house financing available
  • Local Approval

GRANITE TIP:

Consider matching the term of your loan to the number of years you have until retirement.

Short Term Mortgage to reach your goal sooner - header

At Granite, we’re always there to help you get a home loan at an amazingly low rate. With the money you save you could build a new deck or… a karaoke den. Why confine your talent to the shower?

GRANITE SHORT TERM MORTGAGE

  • Simple low rate options available
  • Low- or no-cost mortgage refinancing
  • Accelerate mortgage pay-down
  • Quick turn around times

GRANITE TIP:

Always get, review and compare a “Good Faith Estimate” from your lender before you borrow money on a home.

Term
RateOrigination
5 years2.74%0.00%
7 years2.74%0.00%
10 Years2.74%0.00%
12 Years2.99%0.00%
Second Mortgage to tap in to a greater potential - header

2nd Mortgage Term
APR*
5 Years4.49%
7 Years4.74%
10 Years4.99%
12 Years
5.49%
15 years5.49%

Ever since you were a young child you’ve dreamed of having a classic car to cruise on Sunday afternoons. You still can’t believe the red convertible is in the driveway. You open the heavy door, climb into the car, turn the key. The purr of the engine gives you goosebumps. With each turn up Provo Canyon you reflect on the years of memories being made since purchasing your home with a mortgage from Granite Credit Union. Now with the equity in your home and a 2nd Mortgage you can now make memories in your convertible.

GRANITE HOME SECOND MORTGAGE

  • Can be used for any worthwhile purpose
  • Flexible terms available (5-15 years)
  • Reasonable closing costs
  • Local Approval

GRANITE TIP:

Second Mortgages are generally and wisely used to finance a home remodel, addition or repair. However, a Second Mortgage, with it’s relatively long term, can be use to keep payment low on any worthwhile purpose (e.g., luxury car, dream vacation, business, investment).

Home Equity LOC to make life happen now - header

Vacation can happen in your own backyard.

A little rest and relaxation in your favorite spot is good for the soul. You can make your backyard your favorite vacation destination with a Home Equity Line of Credit from Granite. Build a deck, add a hot tub, remodel the kitchen… so many options.

+ borrow up to 100% of your equity in your home

+ dedicated VISA Card to make draws easy

0.99% Introductory APR* for first 6 months

*APR=Annual Percentage Rate. Membership required. Loans offered on approved credit. Rate will change to current risk-based rates after introductory period ends. 100% borrowing limit is $50,000 otherwise maximum LTV is 80%. Offer available when you open a new Home Equity Line of Credit. Offer subject to change without notice.

You work hard. You play hard. You live hard. You come home and prop your feet up to watch the sunset from your deck. The brilliant hues of oranges, reds, yellows and purples dance across the clouds as the orange disk drops behind the mountains. The cool breeze relaxes you as you let the day wind down. The comfort of the cushions and pillows envelops you. This oasis in your backyard was easy to create with a convenient Home Equity Line of Credit from Granite Credit Union. Grab a drink and your favorite book; it’s time to unwind. Granite Credit Union is always there so you can make life happen.

GRANITE HOME EQUITY LINE OF CREDIT (HELOC)

  • Adjustable Rate
  • Line of Credit
  • Access with a VISA Card
  • In-house financing
  • Local Approval

Loan-to-ValueAPR*Open-End/Variable Rate-Max Amount
Up to 100%4.00%$50,000
Up to 80%4.00%$250,000
Construction to build you dream - header
Type/TermRateOriginationLTV
Construction <12 mo3.80%0.80%80%
30/5 Balloon Lot Loan5.00%1.00%80%
30/2 Balloon Lot Loan4.80%1.00%80%
10 Year Lot Loan5.50%1.00%75%

Buying a home is the American dream. Building it to fit your needs is your heritage. You want a space for your family to grow and create memories and traditions together. A construction loan from Granite Credit Union can help you build a home to create those memories.

GRANITE CONSTRUCTION LOANS

  • .80% origination
  • quick draws – 48 hrs
  • flexible funding
  • lot loan options
  • easily convert to low-fee mortgage

GRANITE TIP:

Make sure you find a contractor that you can trust.

Reverse Mortgage to get more out of retirement - header

You worked hard and raised your family. You built equity and wealth in your home. Now’s the time to start traveling and enjoying your retirement. Consider unlocking the “wealth” or equity in your home to live a little better during your “golden” years. Call today and review your options with our Reverse Mortgage Professional.

GRANITE REVERSE MORTGAGE

  • Get a monthly check
  • You can live in your home the rest of your life
  • Government regulated

GRANITE TIP:

Supplement your income during your retirement years with a Reverse Mortgage.

Mortgage Originators to help pave the path to a new home - header
Image of Todd Hatfield, Mortgage Manager

Todd Hatfield

Mortgage Loan Manager

801-288-3084

ToddH@granite.org

NMLS #: 301846

Image of Darrell Tietjen, Mortgage Loan Originator

Darrell Tietjen

Mortgage Loan Originator

801-288-3078

DarrellT@granite.org

NMLS #: 583816

Image of Steve Schmidt, Mortgage Consultant

Steve Schmidt

Mortgage Consultant

801-288-3159

SteveS@granite.org

NMLS #: 310628

Image of Tom Bushell, Mortgage Loan Originator

Tom Bushell

Mortgage Consultant

801-288-3059

TomB@granite.org

NMLS #: 104637

Scott Christensen portrait

Scott Christensen

Mortgage Consultant

801-288-3017

ScottC@granite.org

NMLS #: 486875

Effective Date -03/17/2020

Home Loans

*APR is Annual Percentage Rate. APRs are estimated on a $350,000 loan amount with 80% loan-to-value.
Zero down payment programs available. Call for Current Rates. Your rate may vary based on your credit score. Rates are subject to change based on market conditions and without notice. Contact a Member Service Representative for more information.

HELOC

All loans subject to credit approval and pricing. Your rate may vary based on your credit score and the credit union services you use. Rates and terms are subject to change. The credit union may offer other rates and terms or amend the rates and terms contained in this schedule from time to time. Rate is variable to a maximum of 18%

*APR is Annual Percentage Rate. On Variable Rate loans, the index is based on the “U.S. Prime Rate” as listed in the “Money Section of the Wall Street Journal on the third Wednesday of March, June, September, and December plus a margin to be disclosed in your closing documents. The APR will never be greater than 18.00%. Any interest rate increase will result in more payments of the same amount until the amount owed has been repaid.

 

Effective Date -12/27/2019

Business Loans

*APR is Annual Percentage Rate. Loans offered on approved credit, not all members will qualify.

Your rate may vary based on your credit score and the credit union services you use. Rates and terms are subject to change. The credit union may offer other rates and terms or amend the rates and terms contained in this schedule from time to time.

Business Line of Credit

*APR is Annual Percentage Rate. On Variable Rate loans, the index is based on the “U.S. Prime Rate” as listed in the “Money Section of the Wall Street Journal on the third Wednesday of March, June, September, and December plus a margin to be disclosed in your closing documents. The APR will never be greater than 18.00%. Any interest rate increase will result in more payments of the same amount until the amount owed has been repaid.

Business VISA

*APR is Annual Percentage Rate. All account terms are governed by the Cardholder Agreement. Account and Agreement terms are not guaranteed for any period of time: all terms may change in accordance with the Agreement and applicable laws.

Business Credit Card Agreement

Construction & Lot Loans

Interest rates and Annual Percentage Rates (APRs) listed are the lowest offered and are based on approved credit. Rates may be higher according to an applicant's credit history and additional underwriting factors. Ask your loan originator what qualifications apply. All rates are subject to change without notice. Adjustable APRs may increase or decrease after loan consummation.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

More information.

Granite Credit Union is an Equal Housing Lender.

More info