Utah Hard Money Lenders
Looking for a Utah Hard Money Lender – Private Equity Loan? Need to act quickly so as not to miss an opportunity. If your current credit, employment or asset situation won’t allow you to get a conventional Utah loan or you can’t wait the typical 40 days to have your loan funded through Utah conventional lenders – because you need your loan funded fast – consider a Utah private equity or hard money loan.
Utah Hard Money Loans
Utah Private equity – hard money – loans are asset based loans placed with Utah private investors who use their private money to finance or refinance real estate loans. Utah Private equity hard money loans are based almost solely on the property value as apposed to conventional lending institutions which have strict underwriting guidelines for borrower credit, loan to value amount and real estate asset value.
Through years in the mortgage lending business hard money lenders have seen all types of borrower situations were conventional lenders will not or can not accommodate the borrowers needs – due to credit issues, time frame issues or income and employment issues.
Utah Private Equity Loans
In order to meet the needs of just such Utah hard money loan borrowers hard money lenders have developed relationships with a number of private equity lenders that loan their private funds based on the secured asset value of your property alone. Private equity lenders typically do not require proof of income, they will loan based on your stated income and the value of your property or profitability of your project.
Utah Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Utah bridge loan, a Utah sub prime loan or a loan from Utah high risk lender visit these pages and visit the private equity hard money high risk lenders you’ll find listed.
Contact these hard money lenders they will explain all your Utah hard money private equity loan options including: Utah commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Utah
In 1776 Spanish explorers visited the region that is now Utah. The Great Salt Lake was discovered by Jim Bridger in 1824. The Mormons had been persecuted in the Midwest, so they arrived in Utah in 1847, and began to develop Salt Lake City. When the Mexican War ended the U.S. acquired the region by treaty in 1848. In 1869 the first transcontinental railroad ended at promontory Summit, where a golden spike was driven. The Mormons had difficulty with federal authorities because of polygamy. Six years before Utah became a state in 1896, the Mormons ended the practice.
The capital of Utah is Salt Lake City, and other major cities are Provo, West Valley City, West Jordan, Orem and Ogden. Population in 2005 was 2,469,585. Leading as a producer o f copper, silver, gold, lead and zinc, Utah also produces oil from large oil shale deposits. Coal is also mined. Aerospace, computer and biomedical industries are major employers. Utah’s farms produce cattle, dairy products, hay and hogs.
Tourism is a major industry. Utah has an abundance of lakes and streams which attract fishermen. Visitors enjoy the vistas of Bryce Canyon and Zion National Parks and the splendid architecture of Mormon Tabernacle in Salt Lake City.
Disclaimer: The hard money loan calculators found on this website are offered only to estimate monthly loan payments. No guarantee is offered or implied as to their accuracy. Hard money loans are non conforming, they do not conform to the underwriting guidelines of Fannie Mae or Freddie Mac. Each private equity hard money lender has their own fee structures which may include points at closing and early prepayment penalties. Discuss all of the details of your particular hard money loan including all costs and fees with your selected hard money lender.