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/

Plans to Build 3 Million New Houses

Selling and leasing a small portion of federal land could lead to the construction of over three million houses in Western states, according to a right-leaning think tank. The Bureau of Land Management holds 267,000 square miles, and selling just 850 miles could...

Happy April Fool’s Day

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!

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