Did you know?
Utah Housing has made some changes to our Loan Programs; these changes will become effective with Mortgage Purchase Agreements (interest rate locks) issued on or after February 11, 2019. https://utahhousingcorp.org/
| HomeAgain: | May include an owner occupied One-to-Two Unit Dwelling, such as a Duplex, mother in law apartment or Accessory Dwelling Unit (ADU) as defined by FHA. Follow FHA requirements when including any rental income to qualify. Rental income used to qualify the Borrower must be included in UHC qualifying income limits. |
| HomeAgain: | Non-Occupant Co-Borrowers are allowed. The Non-Occupant Co-Borrower debt ratio cannot exceed 45% |
| FirstHome: | The Non-Occupant Co-Signer’s debt ratio has increased from 41% to 45% |
| Insurance: | Addition of UHC Insurance requirements as currently listed in our Selling Supplement. |
https://utahhousingcorp.org/
The Perfect Home Could Be the One You Perfect After Buying
The Perfect Home Could Be the One You Perfect After Buying There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer homes available for sale than the...
Your Homebuying Adventure
Your Homebuying Adventure Some Highlights Here are the key milestones you’ll encounter on your path to homeownership. From building your team, to house hunting, all the way to moving into your new home – it’s an exciting adventure. Your journey starts here. Let’s...
Why You Need To Use a Real Estate Agent When You Buy a Home
Why You Need To Use a Real Estate Agent When You Buy a Home If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first. It can feel a bit overwhelming to know where to start, but the good news is you don’t...
New Loan Limits Raised To Help Home Buyers in 2024
The year 2024 has begun with a bang, as the Federal Housing Administration (FHA) and conventional loan limits have increased. This means that potential homebuyers and refinancers now have even more opportunities to secure funding for their dream homes or make...
Experts Project Home Prices Will Rise over the Next 5 Years
Experts Project Home Prices Will Rise over the Next 5 Years Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent...
Wednesday Word | After-Repair Value
"Wednesday Word" After-Repair Value or ARV What Is After-Repair Value (ARV) In Real Estate? ARV is the estimated value of a property after completed renovations, not in its current condition. House flippers commonly use ARV as a way to gauge the worth of a...
Are the Top 3 Housing Market Questions on Your Mind?
Are the Top 3 Housing Market Questions on Your Mind? When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and...
Is Wall Street Buying Up All the Homes in America?
Is Wall Street Buying Up All the Homes in America?If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve...
cost-effective and flexible solution for an accessory dwelling unit (ADU)?
Are you searching for a cost-effective and flexible solution for an accessory dwelling unit (ADU)? Look no further than a manufactured double wide mobile home. ADUs have gained popularity as a versatile and affordable housing option, and manufactured homes offer...
Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?
Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season? This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their...