Lehi, Alpine, Highland and American Fork Mortgages: Tech RSU Income, PIDs and Jumbo Tiers — Slickrock Skylight
Updated October 2026
A Silicon Slopes compensation package can look larger than the income available for mortgage qualification. Buyers in Lehi, American Fork, Pleasant Grove, Highland, and Alpine should separate salary, bonus, and restricted stock units before deciding how much house to pursue. The same purchase price can produce different financing options depending on income history and the neighborhood's assessments.
Turn tech compensation into documented income
RSUs are not interchangeable with salary. Underwriting may examine vesting history, award agreements, continued vesting, share values, and whether compensation is likely to continue. A recent promotion or a large unvested grant does not necessarily translate into immediate qualifying income.
Prepare a package that includes:
- Current pay statements and employment details.
- W-2s and documentation of bonus or commission history.
- Stock award agreements, vesting schedules, and brokerage records.
- A clear record of shares sold to fund the down payment.
Avoid counting the same assets twice as both closing funds and reserves. If employment recently changed, flag the transition early rather than waiting until a home is under contract.
Separate high-balance financing from jumbo
For 2026, the baseline conforming limit is $832,750 in most Utah counties. Utah County has elevated county-specific limits, but the high-cost ceiling of up to $1,249,125 associated with Summit and Wasatch counties is not a statewide allowance. A Highland address does not receive Park City's limit simply because the purchase price is similar.
Check FHFA Loan Limits for the property county and unit count. Loans above the applicable conforming maximum generally enter jumbo territory, where reserves, debt ratios, and documentation can differ by lender. Compare rate structure and holding period with the ARM versus fixed calculator, not just the introductory payment.
Put PID charges into the payment comparison
Some newer neighborhoods use public infrastructure districts, or PIDs, to finance improvements. Review title materials, district disclosures, current assessments, and any projected charges. An HOA fee and a PID obligation are different costs; neither should disappear from the household budget.
The Consumer Financial Protection Bureau explains how to compare Loan Estimates and closing expenses. Bring assessment documents to Slickrock Skylight alongside your compensation records, then request a property-specific quote. A sound comparison shows principal, interest, taxes, insurance, HOA costs, and district obligations together.
Compare Current Mortgage Rates
Compare current APRs, points, fees, and estimated monthly payments from participating lenders below.
Loan Program Comparison: 2026 Benchmarks
Lehi, Alpine, Highland and American Fork Mortgages: Tech RSU Income, PIDs and Jumbo Tiers — Above the applicable conforming limit, compare jumbo reserve requirements, credit standards, down payment and lender-specific pricing rather than assuming agency terms.
Historical 2025 one-unit comparison: conforming $832,750; FHA floor $541,287. County and unit-count limits can differ.
| Loan program | Down payment / equity | 2026 one-unit baseline | Costs and page-specific comparison |
|---|---|---|---|
| Jumbo | Lender-specific cash and reserves | Above applicable conforming limit | Lender-specific pricing and insurance |
| Conventional | 3%–5% subject to eligibility | $832,750 | PMI generally below 20% down |
| FHA | 3.5% at 580+; 10% at 500–579 | $541,287 floor | 1.75% upfront MIP; 0.55% annual for >95% LTV, base loan ≤$726,200, term >15 years |
| VA | 0% for eligible borrowers | No VA limit with full entitlement | No monthly PMI; funding fee unless exempt |
| USDA | 0% for eligible borrowers | Income, address and repayment eligibility | Guarantee and annual fees; confirm current schedule |
| Home Equity / Refinance | Equity and underwriting dependent | Property and lender dependent | Compare closing costs, term and break-even |
Sources: FHFA limits; HUD FHA limits.
Editorial Methodology & Primary Sources
Verification date: Not recorded; check the primary source and lender timestamp before relying on an estimate.
Rate comparisons use participating lender feeds, not a whole-market survey or guaranteed offers. Freddie Mac PMMS is a market benchmark, not a personalized quote. Calculator models rely on published regulatory formulas and disclosed assumptions rather than fabricated first-person loan testing.
Monthly principal and interest use the amortization formula P × r / (1 − (1 + r)−n), where r is the monthly note rate and n is the number of payments; at zero interest use P / n. PITI adds monthly property taxes and homeowners insurance; PMI is separate. APR includes applicable finance charges under Regulation Z and is not the note rate used for payments. Compare lender Loan Estimates for actual APR and fees.
- Consumer Financial Protection Bureau (CFPB) — Loan Estimates, APR and borrower disclosures; Regulation Z.
- U.S. Department of Housing and Urban Development (HUD / FHA) — FHA program guidance.
- U.S. Department of Veterans Affairs (VA) — VA loan eligibility and benefits.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — published rate benchmarks.
- U.S. Census state tax collections — state property tax benchmarks; confirm parcel-specific assessments and exemptions with the state revenue department and local assessor.
- Utah Housing Corporation — state housing finance and property tax authority.
- Utah State Tax Commission Property Tax — state housing finance and property tax authority.
The payment snapshot uses illustrative annual taxes of 1% of home price, $1,200 insurance and 0.5% PMI below 20% down, not verified local quotes. Other calculators disclose their inputs and assumptions. Published guidance and lender feeds may change independently; confirm current program rules, taxes and offers before a decision.