Properties for Sale
Build a home and save.
As the economy recovers, homebuilding prices are beginning to rise. And believe it or not, a recent report shows that the current supply of building lots may not meet Utah's population demand over the next few years. Both factors suggest that now may be the time to buy and build.
Bank of American Fork wants to help you build your dream home for the best value. That's why we're offering 3.99% owner-occupied construction loans (14.037% estimated APR*) at Bank of American Fork, subject to credit approval.
- Low, fixed rate for the 4-month term† of the loan; the payment will increase as the balance increases
- 1.5% origination fee
- An interest reserve will be set up to make the monthly interest payments during the 4-month term
- A balloon payment at the end of 4 months
- Fast approval
- Multiple free draws
- Exceptional service
When you take advantage of this offer, you could potentially save thousands more with no long-term mortgage origination fee from Bank of American Fork when you get both your construction and mortgage loans from Bank of American Fork.‡ Sweeten the deal by purchasing one of the deeply discounted lots below and your savings are even greater (15 to 30 percent down payment required.)
A low, fixed rate for 4 months and no mortgage origination fee, combined with low building costs, can potentially save you thousands on your dream home. During construction, the payment will increase as the balance increases.
For more information on the discount, contact a loan officer at a branch near you or call 800-815-BANK to be directed to a loan officer. For more information on the list of available properties below, contact the listed realtor.
Updated as of: 12/17/2013
This page describes properties currently owned by Bank of American Fork and offered for sale. All information concerning such properties is subject to change up to and including the time of the sale.
Such information is provided strictly as a courtesy and for general information purposes only. Bank of American Fork believes such information is reliable, but makes no representation, warranty or guaranty of such information, and provides such information without recourse against Bank of American Fork.
Without limiting the generality of the foregoing, Bank of American Fork is not responsible for the completeness or accuracy of such information, nor does it make any representation, warranty or guaranty, express or implied, as to the size, location, title or condition of the properties listed for sale. For an accurate description of any property, please refer to the actual legal description, etc., of the property disclosed in the public records. Prospective buyers are advised to conduct their own investigation and due diligence prior to making an offer to purchase any property.
* Annual Percentage Rate (APR). The 14.037% estimated APR is based on a $417,000 construction loan at 3.99% with Bank of American Fork's standard construction loan fees and a 4-month term. The standard construction fees for a 4-month term are: 1.50% origination, $300 inspection, $100 appraisal review, $15 flood determination, $5 credit report (per borrower), title insurance (varies), recording (varies), and appraisal (varies). The annual percentage rate is a measure of the cost of the loan, expressed as a yearly rate, that relates the amount and timing of value received by the consumer to the amount and timing of payments made. In the case of a 4-month loan, the APR annualizes the fees as if they were paid three times in a year. Subject to credit approval. Maximum loan amount is $417,000. Other discounts may be available if necessary for loans exceeding $417,000. Inquire for details. Only valid in Utah, Salt Lake, Davis, Weber, Tooele, and Wasatch counties.
† An additional 2-month extension with a 0.25% extension fee may be available if necessary.
‡ The 1.50% construction loan origination fee applies whether the long-term loan comes from Bank of American Fork or not.