NMHL Mortgage Lending
Mortgage Lender in Sandy, UT
Local expertise and competitive rates for Sandy homebuyers.
Sandy Housing Market Overview
Explore mortgage options in Sandy, UT with NMHL. Our local expertise helps you navigate the Sandy real estate market with competitive rates and personalized service.
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Sandy
Explore mortgage options tailored to Sandy homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
Learn MoreWhat Our Clients Say
Real reviews from Google — no cherry-picking
Our Presence
Click on endorsed states to see our direct resources!
Sandy Neighborhoods: Where to Buy
Sandy is a diverse city with many unique neighborhoods to choose from. Popular areas include:
- Dimple Dell: Known for its natural beauty and family-friendly atmosphere.
- Harbor Point: Offers scenic views of the surrounding mountains and a community-oriented vibe.
- Whitewater: Features a mix of older and newer homes, with easy access to local amenities.
When choosing a neighborhood, consider factors like commute time, local schools, and community amenities. Our local mortgage experts can help you understand how different neighborhoods impact your mortgage options.
Work with an NMHL mortgage specialist to get pre-approved and find your dream home in Sandy.
Understanding Property Taxes in Sandy, UT
As a homeowner in Sandy, you'll need to factor property taxes into your budget. Utah state law requires property taxes to be paid in two installments, with the first payment due on November 30th. The average effective property tax rate in Sandy is around 0.55%. Our mortgage experts can help you understand how property taxes impact your monthly mortgage payments and overall cost of homeownership.
Don't forget to factor property taxes into your homebuying budget.
First-Time Homebuyer Programs in Utah
Utah offers several programs to help first-time homebuyers achieve their goals. The Utah Housing Corporation's (UHC) First-Time Homebuyer Program provides competitive interest rates and down payment assistance. NMHL also offers our own First-Time Homebuyer Program, which includes reduced fees and personalized support throughout the mortgage process. Our mortgage specialists can help you determine the best program for your situation.
Take advantage of Utah's first-time homebuyer programs to make your dream a reality.
NMHL Mortgage Programs for Sandy Borrowers
At NMHL, we're committed to helping underserved borrowers in Sandy achieve their homeownership goals. Our mortgage programs include:
- FHA Loans: With down payments as low as 3.5%.
- VA Loans: For eligible veterans and service members.
- Self-Employed Mortgage Program: For borrowers with non-traditional income.
- Bad Credit Mortgage Program: For borrowers with credit scores as low as 580.
Our mortgage specialists will work with you to find the best loan option based on your unique financial situation.
Contact NMHL today to explore your mortgage options and get pre-approved.
Frequently Asked Questions
Mortgage rates in Sandy vary depending on the loan program and your individual financial profile. At NMHL, we offer competitive rates starting from 6.5% APR for a 30-year fixed loan. Contact us for a personalized rate quote and to discuss your mortgage options.
While a good credit score can help, it's not the only factor. NMHL offers mortgage programs for borrowers with credit scores as low as 580. We consider alternative credit scoring models and income verification methods to help self-employed individuals and those with non-traditional credit histories. Our mortgage specialists will work with you to find the best option.
Sandy's average property tax rate is around 0.55% of the home's assessed value. For example, on a $500,000 home, that's approximately $2,750 per year. Utah state law also allows for a primary residence exemption of up to $40,000 in value, which can help reduce your property tax burden. Our mortgage experts can help you understand how property taxes impact your monthly payments.
Yes, Utah offers several down payment assistance programs, including the Utah Housing Corporation's (UHC) Down Payment Assistance Program. This program provides up to 3.5% of the home's purchase price in assistance. NMHL also offers our own Down Payment Assistance Program, which can help with up to 4% of the home's purchase price. Our mortgage specialists can guide you through the application process.
Sandy is served by the Canyons School District, which is known for its high-quality schools. Homes in areas with top-rated schools tend to appreciate in value over time. If you're considering purchasing a home in Sandy, researching the local schools and their impact on property values can be an important factor in your decision-making process. Our local real estate expertise can help you navigate this aspect of the market.
NMHL offers several mortgage programs tailored to first-time homebuyers, including FHA loans with down payments as low as 3.5%. We also offer our own First-Time Homebuyer Program, which provides competitive rates and reduced fees. Our mortgage specialists will work with you to determine the best loan option based on your financial situation and goals.
Related Resources
Ready to Buy in Sandy?
Let NMHL help you navigate the Sandy housing market with expert guidance and competitive rates.