Salt Lake City Center

445 East 200 South Suite 100
Salt Lake City, UT 84111
Local: (801) 486-5800
Fax: (801) 493-0144

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Personal Care. Award-winning originators. In-office approval.

It's the perfect combination for a smooth and stress-free loan. Everyone here takes great care to ensure our clients get the loan they need, when they need it.

In a time where so much business is done online and without any personal interaction, each of us in the Salt Lake City Center office understands the value of one-on-one, personal service.

Our nationally-recognized originators and operations staff will process your loan in-house, from start to finish. With more than 100 years combined experience, we'll be here to answer any questions and to ease your concerns. Give us a call and discover why so many clients trust us with their mortgages. Again and again.

Corp Lic: CA: 4170013; UT: 5491140-NMLC; WY: MBL-1386; ID: MBL-671;

Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act;

What You Need for Your Loan Application

Use the following checklist to be sure you have everything you need for your loan application.

Please contact your Academy Loan Officer with any questions or concerns.

Social Media Changing the Housing Market

June 17, 2013

The housing market is being revitalized as prices and inventory levels are up. More sellers are putting their homes on the market and more buyers are looking to make a purchase. However, that is not the only thing that is changing in today's housing market.

According to a report by Fox Business, social media is being used as a tool for new home advice. Homebuyers, sellers and real estate agents are utilizing the outlets when it comes to buying and selling a home. The report noted that a homebuyer can tour a house through a number of tools including YouTube, Facebook and Twitter, helping them get a feel for a house and allowing sellers to maximize their exposure.

"Both buyers and sellers are doing more 'digging' than ever," Brad Officer, a realtor in Jacksonville, Fla, told Fox Business. "Buyers and sellers want proof that you are actively engaged in the business and are a true professional."

Before the rise of social media outlets, homebuyers would be forced to sift through the little pictures available of homes online and narrow down their picks before visiting a home. Nowadays, homes can have their very own Facebook page and feature numerous videos displaying the homes features.

In the past it was important to have quality photos taken to display a home in its best light. Now, with more exposure of a home, sellers need to invest in good photography and videography, otherwise a home might come out looking unappealing.

Social big for first-time homebuyers
As social media is popular tool among millennials, many first-time homebuyers will be looking through these outlets when looking to make a purchase. 

"With third party data showing that 90 percent of millennials plan to purchase a home at some point in their lives, it's important first-time home buyers have access to the right tools and information to ensure their first home purchase is one they are proud of for years to come," said Deborah Wahl, senior vice president and chief marketing officer at PulteGroup,  "With many options to choose from, starting from a point of knowledge will go a long way towards achieving their dream of homeownership."

The PulteGroup encouraged any first-time homebuyers to be sure they are doing their homework before buying a home. While social media will help you get a feel for a homes, its important to consider all the options of home purchase, like FHA rates, as well as weighing the costs of renting with the costs of homeownership before committing to a home purchase. 

Academy Mortgage is the #1 Independent Purchase Lender as ranked in the 2012 CoreLogic Marketrac Report. Visit to find a loan, get a rate, or calculate your payment today.


Construction Spending Increases: A Welcome Sign for Homebuyers

July 1, 2013
Construction spending increased in May, representing a good sign for the overall housing market and those assessing their mortgage options.
According to the U.S. Census Bureau, construction spending in May reached a seasonally adjusted annual rate of $874.9 billion, accounting for a 0.5 percent on a month-over-month comparison and a 5.4 percent increase on a year-over-year comparison. The report also indicated that private construction spending was relatively unchanged at $605.4 billion and residential construction reached a seasonally adjusted annual rate of $322.3 billion, up 1.2 percent from April. In addition, nonresidential construction spending reached a seasonally adjusted annual rate of $283.1 billion in May, down 1.4 percent on a month-over-month comparison.
"The construction sector is edging upward although component strength has been revolving," read a report from Econoday. "The one somewhat consistent positive has been multifamily housing. While residential investment has been a plus for economic growth, it still is coming off a low base from the past recession."
As the housing inventory is low across the country, increased construction is a welcome sign for homebuyers, who might otherwise find themselves in a bidding war for a home. Additionally, increasing prices are helping free up some of the inventory, as sellers are finally finding the prospect of a home sale to be appealing.
Peak prices exceeded in 14 housing markets
According to a recent report from, 14 markets in April surpassed peak prices that were reached during the housing boom.
According to the report, San Antonio saw the largest price percentage over its peak, followed by Houston; Austin; Dallas; Oklahoma City, Okla.; McAllen, Texas; Tulsa, Okla.; El Paso, Texas; Pittsburgh; Wichita, Kan; Baton Rouge, La. and Denver.
"The latest round of report findings supports a growing confidence in the housing market," said Brock MacLean, executive vice president of "With home prices posting the strongest gains in seven years, the Rebound Report is another indicator of a positive turn. In one month alone, we have seen five new markets reach recovery. Adding to that momentum, all top 100 markets recorded gains for the first time, indicating the recovery continues to build across the country."
Those looking to become new home owners are encouraged to secure the lowest mortgage rate possible and find reputable lenders to help them through the homebuying process.
Academy Mortgage is the #1 Independent Purchase Lender as ranked in the 2012 CoreLogic Marketrac Report. Visit to find a loan, get a rate, or calculate your payment today.