Today we’re excited to talk about a brand-new loan program that allows buyers to use the rent on an investment property to help them qualify for more home.
“This program lets you buy and invest at the same time.”
Utah Housing has been around for a long time. They have a ton of different loan programs, from the traditional 20% down mortgage loans to zero-down loan programs. Recently, they’ve introduced a new program that allows buyers to purchase different kinds of properties, such as a duplex or a home with a mother-in-law apartment, and use the projected rent from those accessory dwellings to add into their income in order to purchase more real estate.
This is a great opportunity for a buyer to buy a new home while also getting a great asset. If you or someone you know is interested in this brand-new program, don’t hesitate to reach out and give me a call or send me an email today. I look forward to hearing from you soon.
