Academy Mortgage is the #1 Utah Housing lender in Utah and excited to introduce their newest loan program.  It is 100% financing without mortgage insurance.  It is another option for buyers with lower income and zero down payment.

Highlights of Program

• No mortgage insurance
• 97% first mortgage
• 3% second mortgage (rate is 2% higher than current NoMI published rate)
• $84,000 maximum annual qualifying income
• Single family homes (no condos or attached PUDS, PUDS will be available in Sept)
• Maximum purchase price $350,000
• Minimum credit score 700
• Conventional appraisal
• Cannot own another home
• Owner occupied not for second homes or investment property

My approach is to offer my clients several loan options to determine the loan that best matches the borrowers goals.  Now there are more options for home buyers!

Contact me for more information or specific questions.

Amy Sharpless

Senior Loan Consultant (Sharpless/Hoyt Team)

435-645-3923 Office        435-640-1878 Mobile

amy.sharpless@academy.cc

NMLS ID: 294849 License #: 5460939        Company NMLS #: 3113 State #: 5491140