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Construction and Lot Loans

Whether it’s in Davis County, Washington County, or in the Uintah Mountains, you can build your dream home without paying multiple or high closing fees. Mountain America offers a One-Time Close Construction Loan that helps you achieve the financial dream of building your dream home, cabin or vacation home!

The features of a Mountain America Construction include:

    • Low Rates
    • One-Time and Two-Time Close option
    • Rate Protection on One-Time  Close
    • Up to 90% financing (On Approval of Credit)
    • Terms of 9 and 12 months for construction loans
    • Fixed-rate terms of 15 and 30 years
    • Mountain America Credit Union Quick Close

 

The features of a Mountain America Lot Loans include:

  • Low Rates
  • 5 year and 10 year fixed term available
  • Up to 70% financing (On Approval of Credit)
  • 6 month Mountain America membership required
  • 1 lot per member
  • Limited refinance options available*

 

*See loan officer for details

Today's MACU Mortgage Rates

conventional

15 Year Fixed Rate
Rate Apr Points
3.125% 3.343% 0.000%

30 Year Fixed
Important Loan Information

The information provided is for a 30 year fixed mortgage and assumes the purpose of the loan is to purchase a property, with a loan amount of $180,000.00 and an estimated property value of $240,000.00. The property is located in UT and is within Salt Lake county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 25 days and the assumed credit score is 740.

At a 4.000 % interest rate, the APR for this loan type is 4.125%. The monthly payment would be:

  • 359 payments of $859.35 at an interest rate of 4.000 %
  • 1 payment of $862.02 at an interest rate of 4.000 %

The monthly payment amount displayed includes principal and interest. The payment amount does not include homeowner's insurance or property taxes which must be paid in addition to your loan payment.

30 Year Fixed Rate
Rate Apr Points
4.000% 4.125% 0.000%

15 Year Fixed
Important Loan Information

The information provided is for a 15 year fixed mortgage and assumes the purpose of the loan is to purchase a property, with a loan amount of $180,000.00 and an estimated property value of $240,000.00. The property is located in UT and is within Salt Lake county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 25 days and the assumed credit score is 740.

At a 3.125 % interest rate, the APR for this loan type is 3.343%. The monthly payment would be:

  • 179 payments of $1,253.90 at an interest rate of 3.125 %
  • 1 payment of $1,255.15 at an interest rate of 3.125 %

The monthly payment amount displayed includes principal and interest. The payment amount does not include homeowner's insurance or property taxes which must be paid in addition to your loan payment.

MACU 100% 30 Year Fixed Rate
Rate Apr Points
5.125% 5.304% 0.000%

MACU 100% 30 Year Fixed Rate
Important Loan Information

The information provided is for a MACU 100% 30 Year Fixed Rate mortgage and assumes the purpose of the loan is to purchase a property, with a loan amount of $180,000.00 and an estimated property value of $180,000.00. The property is located in UT and is within Salt Lake county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 25 days and the assumed credit score is 740.

At a 5.125 % interest rate, the APR for this loan type is 5.304%. The monthly payment would be:

  • 359 payments of $980.08 at an interest rate of 5.125 %
  • 1 payment of $982.48 at an interest rate of 5.125 %

The monthly payment amount displayed includes principal and interest. The payment amount does not include homeowner's insurance or property taxes which must be paid in addition to your loan payment.