Salt Lake City, April 12, 2016—Academy Mortgage has been recognized as Best of State in Utah for Mortgage Banking.
The Best of State Award honors Utah companies for their overall excellence, quality products and services, creative business approaches and strategies, and efforts to improve the quality of life in their community and state and to make the world a better place.
After experiencing record-breaking growth in 2015, Academy Mortgage is now the number one mortgage banker in Utah for total loans, total loan volume, purchase units, purchase volume, resale loans, REO loans, and new home loans, as ranked in the 2015 CoreLogic Marketrac Report. (CoreLogic is the leading reporting and tracking agency in the industry.)
Academy more than doubled its total volume for Utah home loans in 2015, from $714.9 million in 2014 to $1.45 billion in 2015. With this tremendous growth, Academy also became the top purchase (versus refinance) mortgage banker in the state, with $1.06 billion in total purchase volume (compared with $562.0 million in 2014).
But the most important number of the year is the 7,015 individuals and families in Utah that Academy helped attain homeownership in 2015, which is how the company truly measures success. Academy’s mission is to deliver the dream of sustainable homeownership by inspiring hope and building prosperity in the lives of its Employees, Builders, Realtors, and the communities that it serves. To further this mission, Academy employees routinely donate their time and money to charitable causes and organizations in Utah and across the United States that are focused on facilitating homeownership.
Academy Mortgage is headquartered in Sandy, with 34 Utah Branch Offices and more than 700 employees from Logan to St. George. (Academy has more than 225 Branch locations and 2,300 employees nationwide.) Academy has been serving the home financing needs of Utah’s homebuyers, real estate agents, and builders since 1988.