No Down Payment
FHA 1st Mortgage
3.5% Utah Housing 2nd Mortgage
2nd covers your down payment & most closing costs.
Rate on 2nd Mortgage = 2% higher than 1st Mortgage Rate.
Qualified First Time Homebuyers or Repeat Buyers
Cannot own other real estate
Income Limits may apply
Minimum credit score 660
| Loan Program |
Utah Counties |
Family Size 1-2 Income Limits |
Family Size 3+ Income Limits |
Purchase Price Limits |
Household Income ( even if they are not on the loan) |
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| FirstHome |
Beaver, Cache, Carbon, Daggett, Emery, Grand, Millard, Rich, Sevier, Uintah |
$78,800 |
$90,600 |
$283,300 |
| FirstHome |
Washington |
$78,800 |
$90,600 |
$314,600 |
| FirstHome |
Box Elder, Salt Lake, Tooele |
$82,500 |
$96,300 |
$349,800 |
| FirstHome |
Davis, Morgan, Weber |
$85,000 |
$97,700 |
$361,200 |
| FirstHome |
Duchesne, Garfield, Iron, Kane, Piute, San Juan, Sanpete, Wayne |
$94,500 |
$110,300 |
$346,300 |
| FirstHome |
Juab, Summit, Utah, Wasatch |
$95,500 |
$111,400 |
$414,900 |
Qualifying Income |
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| Score |
All Counties |
$82,500 |
$310,000 |
|
| HomeAgain |
Davis, Morgan, Weber |
$110,500 |
Follow FHA Loan Limit Requirements |
|
| Salt Lake, Utah |
$107,200 |
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| Summit |
$144,700 |
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| All Other Counties |
$102,400 |
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Qualifying Income |
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| Score |
Up to 4% of the First Loan amount may be borrowed for Borrower’s down payment and closing costs. |
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| FirstHome & HomeAgain |
Up to 6% of the First Loan amount may be borrowed for Borrower’s down payment and closing costs. |
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What Clients Say About Us
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"Michael Visser took great care of us on our mortgage. On top of that, he gave us other business advice that was extremely helpful. He knows much more than just the mortgage business. And that is what sets him apart from the competition. Fantastic rate to boot!"
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"Mike Visser with Axent Funding has done both my mortgage and my refinance on my house. He was referred to me by my real estate agent. My real estate agent sends most of her clients to Mike for mortgage processing. Both of the loans he has arranged for me have been very smooth. He always makes sure that I am aware of what is going on in the loan process. He made sure I stayed alert to action items I needed to complete to keep the loan process progressing. This last Refinance I thought it would take about a month but it only took 18 days from application to closing including weekends. I have gotten emails from Mike at 11:30 at night so I know he works long hours and weekends to keep the loan process short. I had shopped my refinance at other places and they charged a lot more in fees."
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"We just closed on our home and I can say that Axent Funding was great to work with every step of the way. We had peace of mind and confidence throughout the entire process because of Michael's experience. Our confidence was validated when we closed on schedule without any surprises, with a great rate! Thanks Michael!"