Where does Academy Mortgage do business?
Academy Mortgage is a direct lender based in Sandy, UT. The company was founded in 1988 and offers mortgages to borrowers in 50 states across the USA (and Washington, DC).
How much can you borrow via Academy Mortgage?
Academy 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.
What range of rates does Academy Mortgage offer?
Academy Mortgage offers home loans with APRs starting at 4.432% .
Does Academy Mortgage charge a mortgage origination fee?
Yes, Academy Mortgage may charge a loan origination fee.
Does Academy Mortgage charge prepayment fees?
Yes, Academy Mortgage charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What mortgage programs does Academy Mortgage offer?
Academy Mortgage offers the following mortgage programs:
- Conventional mortgages
- FHA 203k
What property usage types does Academy Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Academy Mortgage allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
Other Services by Academy Mortgage
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia