Miami is one of the most desirable metropolitan areas in the nation—and like many other major American cities—housing in some areas can be difficult to find and expensive when compared to smaller markets in other parts of the country. The University is committed to the quality of life enjoyed by its employees and helps new faculty make the transition to home ownership in South Florida though the Shared Appreciation Mortgage Program. Through agreements with several major banks, we also offer Corporate Mortgage Programs to employees.

Shared Appreciation Mortgage Program
(New, Relocating Faculty Only)

The Shared Appreciation Mortgage Program (SAM) may be used for the purchase of property within Miami-Dade County.  A qualifying purchase constitutes a principal residence purchased by a new, relocating faculty member within the boundaries of Miami-Dade County. In order to qualify, the new faculty member must be relocating from at least 50 miles away from the University of Miami; this 50 mile radius is highlighted in the map below.


For more information on eligibility and requirements, please download the SAM document. Effective December 1, 2008, the SAM program has been suspended and is no longer accepting new applications for faculty members hired after this date.

Corporate Mortgage Programs
(Faculty and Staff)

The University of Miami is pleased to offer special mortgage programs for faculty and staff. There are three major banks in the South Florida area that participate in these programs and can assist you with your mortgage needs. For more information on rates and terms, please call these banks directly at the numbers below. Remember to let them know that you are an employee of the University of Miami.

  • Wells Fargo: Employee Financial Solutions - 1-800-644-8083
  • Bank of America - 1-800-809-0230
  • Home Financing Center - 1-800-700-3000

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