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/
What Homeowners Want To Know About Selling in Today’s Market
What Homeowners Want To Know About Selling in Today’s Market If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re...
Should You Update Your House Before You Sell? Ask a Real Estate Professional
Should You Update Your House Before You Sell? Ask a Real Estate Professional Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why...
Home Equity: A Source of Strength for Homeowners Today
Home Equity: A Source of Strength for Homeowners Today Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t...
VA Loans: Making Homes for the Brave Achievable
VA Loans: Making Homes for the Brave Achievable Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a...
VA Loans Can Help Veterans Achieve Their Dream of Homeownership
VA Loans Can Help Veterans Achieve Their Dream of Homeownership For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand...
What’s Ahead for Mortgage Rates and Home Prices?
Utah Realty Blog & News The Latest news for Real Estate both local and National. Buyers Sellers SeniorsWhat’s Ahead for Mortgage Rates and Home Prices? Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next...
The Majority of Americans Still View Homeownership as the American Dream
The Majority of Americans Still View Homeownership as the American Dream Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view...
Key Factors Affecting Home Affordability Today
Key Factors Affecting Home Affordability Today Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s...
Homeownership Wins Over Time
Homeownership Wins Over Time Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide,...
Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.
Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be. It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing...