Utah hard money is asset-based bridge capital: decisions hinge on the deal and the exit, not on W-2 income. From Provo / Ogden to Salt Lake City, it funds the deals that need to close before a bank could even order an appraisal.
What Utah investors use hard money for
- Distressed / non-warrantable assets a conventional lender will not touch
- BRRRR starts — acquire and rehab, then exit to Utah DSCR
- Bridge between purchase and permanent financing or sale
- Estate and probate acquisitions in Provo / Ogden that need certainty of funds
Why speed matters here: Utah foreclosure is non-judicial — trust-deed foreclosure is common and quick (roughly 4 months). Asset-based capital lets you act on that inventory before financed buyers can.
Utah hard money terms (2026)
| Term | Utah range |
|---|---|
| Leverage | Up to ~90% of purchase + rehab, capped to ARV |
| Rate | Interest-only, ~10%–13% + points |
| Term | 6–18 months |
| Close | As fast as 7–14 days |
| Basis | Asset-based; $425,000 – $575,000 typical ARV |
Utah metros we fund
| Metro | Typical basis | Rent band | On-the-ground notes |
|---|---|---|---|
| Provo / Ogden | $400K–$540K | $1,750–$2,350 | university and tech-corridor demand |
| Salt Lake City | $440K–$600K | $1,900–$2,600 | conservative ARV comps for out-of-state buyers |
Utah levies state income tax (flat 4.55%); structure the hold or flip exit with that in mind.
Diligence before you fund in Utah
Underwrite local risk honestly in Utah:
- Wildfire/WUI on the Wasatch foothills
- Seismic considerations along the Wasatch Front
What we need to issue a Utah term sheet
- Entity documents (LLC operating agreement, EIN) for vesting
- Comps or a desktop valuation toward ARV
- A credible exit — resale comps or projected rent
- Proof of funds for down payment and reserves
- Scope of work and rehab budget
Clean documents on these points are what compress a Utah closing to days, not weeks.
Recent Utah deal
Salt Lake City metro flip funded for out-of-state investor with conservative ARV comps. The pattern repeats: speed on acquisition, a clean scope, and a defined exit.
Define the exit before you borrow
Hard money is a bridge, not a destination. In Utah that means one of two exits:
- Resale — finish and sell via fix and flip loans Utah economics
- Refinance — stabilize and hold with an Utah DSCR loan
Utah Department of Financial Institutions mortgage licensing applies; verify STR rules by municipality.
Utah hard money FAQ
How fast can an Utah hard money loan close?
With clear title and a workable scope, Utah deals can fund in roughly 7–14 days — fast enough for Provo / Ogden auction and estate deadlines.
What leverage do Utah hard money lenders offer?
Commonly up to ~90% of purchase plus rehab, capped against ARV (often the $425,000 – $575,000 band in Utah). Pricing reflects speed and asset risk, not your credit score alone.
What is the exit on an Utah hard money loan?
Either resale via fix and flip, or refinance into an Utah DSCR loan on stabilized rent. Define the exit before you fund.
Get Your Utah Hard Money Quote · (833) 264-7776
Rates, terms and conditions offered only to qualified borrowers and are subject to change at any time without notice. All loans are subject to full underwriting. Jaken Finance Group only finances non-owner occupied investment properties.