Academy Bank Home Mortgage
in Home Purchase Mortgages from Academy Bank, N.A.Unaffiliated
|Loan Amount||Up to $3,000,000|
Academy Bank Home Mortgage Review
Academy Bank Home Mortgage is offered by Academy Bank, N.A. (NMLS #716627), a bank founded in 1966 and based in Kansas City, MO. Academy Bank Home Mortgage is available in 50 states (and Washington, DC).
How much can you borrow via Academy Bank Home Mortgage?
Academy Bank Home Mortgage allows borrowers to apply for loan amounts of up to $3,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
Does Academy Bank Home Mortgage charge a mortgage origination fee?
Yes, Academy Bank Home Mortgage may charge a loan origination fee.
What mortgage programs does Academy Bank Home Mortgage offer?
Academy Bank Home Mortgage offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Academy Bank Home Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Academy Bank Home Mortgage allows the following property usage types:
- Primary home
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia