Affordable mortgages essential to a community's economic growth.

• Author: Lund John B.

Homeownership is an essential component of healthy communities. Giving members the ability to take this important life step, doing so in affordable manner, and enhancing the places in which they live throughout this process is a primary aspect of our credit union's mission.

At America First, we make available a wide array of mortgages that can suit almost any situation. From traditional loans with 30-year terms, to Federal Housing Administration, Veterans Administration & Utah Housing programs, as well as adjustable-rate offerings, specialty products and reverse mortgages, members can find financing that fits their needs and adapts to their budgets.

We've also developed efficient, competitive lot and construction loans for builders who are working to expand an area's development. This can be an exciting and rewarding process, but it can also be complex and having a stable, knowledgeable, and strong financial team in place is key for both the member and the builder.

Plus, it always a wise monetary move to conduct business with a known and trusted institution. America First, for example, has been meeting the complete financial needs of Utah families and businesses for 75 years.

Additionally, credit unions like America First--number one in Utah and one of the country's largest, most stable, and most progressive--have products with low rates, friendly terms, and other advantages. Because we are a not-for-profit cooperative, we return earnings to members by offering lower loan rates, convenient branch locations, free services, and more. And it's this structure that gives us the capability to deliver construction and lot loans that are in the best interest of our members and the companies they select to construct their homes or places of business.

If you are looking to buy the property you've had your eye on, you have clients who wish to pursue this course of action, or you're in the development industry, we can help. Our lot loan programs feature the following highlights:

* Competitive fixed or variable rates

* Accessibility to our experts at over 100 branches

* Flexible loan amounts

* Origination, appraisal, documentation, closing and other fees that are more than reasonable

* Wide loan-to-value ranges, depending on a variety of occupancy and related issues

* Diverse terms

Members and builders who are partners in home construction projects enjoy quality, professional service when they choose financing through America First. And we are dedicated...