Hard Money Lenders in Utah
Fast, asset-based financing for fix & flip, bridge, construction, and DSCR loans statewide. Get matched with vetted Utah hard money lenders in minutes.
What Is Hard Money Lending?
Hard money loans are short-term, asset-based loans issued by private lenders — not banks. The property is the primary collateral, which means approval is based on the deal, not just your credit score or income history. Utah hard money lenders typically fund in 5–14 business days, making them the go-to source for investors who need to move fast on competitive deals.
Unlike conventional mortgages, hard money loans are designed for investors: fix & flip buyers, bridge financing, new construction, and DSCR rental loans. Terms typically run 6–24 months with interest rates ranging from 9%–14% depending on the deal and lender.
Types of Hard Money Loans Available in Utah
🏚️ Fix & Flip Loans
Short-term financing to purchase and renovate distressed properties. Funds both acquisition and rehab. Typical LTV: 65–75% of ARV. Terms: 6–18 months.
🌉 Bridge Loans
Bridge the gap between buying a new property and selling an existing one — or while you secure long-term financing. Terms: 3–18 months.
🏗️ Construction Loans
Ground-up construction for spec homes, ADUs, and small multifamily. Funds released in draws as milestones are completed.
🏘️ DSCR Rental Loans
30-year rental loans qualifying on property cash flow (DSCR ≥ 1.0), not personal income. Perfect for building a rental portfolio without W-2 income verification.
🏢 Commercial Hard Money
Asset-based financing for small commercial, mixed-use, and multifamily (5+ units). Many Utah lenders cover up to $5M.
🔄 Refinance / Cash-Out
Pull equity out of existing investment properties for the next deal. Hard money cash-out with minimal documentation and fast funding.
Get Matched with Utah Hard Money Lenders
Tell us about your deal — free matching, no obligation
Utah Hard Money Lending — Rates & Terms
Rates are representative ranges based on typical Utah hard money lender terms as of 2025–2026. Your rate will depend on deal specifics, borrower experience, and market conditions.
Frequently Asked Questions
What credit score do I need for a hard money loan in Utah?
Most Utah hard money lenders have no minimum credit score requirement or set a low bar (580–620). Because hard money is asset-based, they’re primarily evaluating the property value and your deal — not your credit history. Borrowers with 500 credit scores close hard money loans regularly.
How fast can I close a hard money loan in Utah?
Typical close times are 5–14 business days. Some lenders can close in 3–5 days on clean deals where the borrower has all documents ready (purchase contract, scope of work, insurance binder). Compare this to conventional loans which average 30–45 days.
Do Utah hard money lenders require a down payment?
Yes. Most hard money lenders lend 65–80% of purchase price or ARV, meaning you’ll need 20–35% down on the purchase. Some lenders will cross-collateralize other properties you own to reduce or eliminate the cash down requirement.
Which Utah markets are most active for hard money lending?
Salt Lake County and Utah County are the most active markets with the most lender competition (which drives better rates). Washington County (St. George) has seen strong growth. Weber County (Ogden) and Davis County are active for fix & flip. Summit County (Park City) requires specialized lenders due to higher price points.
Is UtahInvest a lender?
No. UtahInvest is a free matching service — we connect real estate investors with vetted Utah hard money lenders. We do not originate loans or charge borrowers any fees. Lenders pay to be included in our network.