MORTGAGE ORIGINATORS
SHORT TERM MORTGAGES
2ND MORTGAGES
HOME EQUITY LOANS
CONSTRUCTION LOANS
REVERSE MORTGAGES

Type/TermInt. Rate**APR*Orig. Fee
30 yr-Conv.3.75%3.782%0.00%
30 yr-7/1 ARM3.375%3.486%1.00%
30 yr-FHA3.375% 4.125% with PMI0.00%

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.

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 SHORT TERM MORTGAGE

  • In-house money available
  • Flexible terms (5-12  year terms available)
  • Reasonable closing costs
  • Local Approval

GRANITE TIP:

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

Short Term Mort- Term
APR*Orig. Fee
5 Years2.59%1.00%
7 Years3.09%1.00%
10 Years3.59%1.00%
12 Years
3.59%1.00%
5 years2.99%0.00%
7 years3.49%0.00%
10 Years3.99%0.00%
12 Years3.99%0.00%

Conv. 2nd Mort-Term
APR*Orig. Fee
5 Years4.49%1.00%
7 Years4.74%1.00%
10 Years4.99%1.00%
12 Years
5.49%1.00%
15 years5.49%1.00%

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).

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

GRANITE TIP:

A HELOC is perfect for taking draws over time to pay for a remodel or addition. You can borrow as you need the money.

Loan-to-ValueAPR*Open-End/Variable Rate-Max Amount
Up to 100%5.50%$50,000
Up to 80%5.50%$250,000

You’ve work hard and it’s paid off. You’ve got money in your account and you’ve found the perfect property in the right location. The view of the mountains is breathtaking. It’s time to live in a home you’ve dreamed of and designed. Let our Construction Loan team take some of the stress out of your construction product. Granite Credit Union is always there so you can make life happen and fulfill your dreams.

GRANITE CONSTRUCTION LOANS

  • Local underwriting
  • Fixed interest rate
  • Low closing costs
  • 1% origination fee
  • Draws are processed within 48 hours

GRANITE TIP:

Make sure you find a contractor that you can trust.

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.

Todd Hatfield

Mortgage Manager

801-288-3084

ToddH@granite.org

Darrell Tietjen

Mortgage Loan Originator

801-288-3078

DarrellT@granite.org

Steve Schmidt

Mortgage Consultant

801-288-3159

SteveS@granite.org

Tom Bushell

Mortgage Loan Orginator

801-288-3059

TomB@granite.org

Effective Date -9/20/2019

Home Loans

*APR is Annual Percentage Rate. APRs are estimated on a $350,000 loan amount with 80% loan-to-value.
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.

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%

 

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