We are a private hard-money lender assisting individuals and companies with short-term, investment (non-consumer) loans to purchase, refinance, or improve the following types of real estate assets.
LTV up to 75%
LTV up to 70%
LTV up to 60%
LTV up to 65%
LTV up to 50%
Although the primary criterion for the loan decision is still the value of the real estate collateral, we are easy to work with and have no desire to take advantage. If the situation is not win-win, we back away.
It only takes a few minutes to see if we're the right fit.
Usually you'll hear back from us within one business day.
Providing we have a title report and evidence of casualty insurance, next-day closing and funding is common.
Yes, if you have a title company who understands the process and can move quickly enough.
Not usually. However if the loan proceeds will be used for a business purpose, it is possible.
No.
$50,000 to $1,000,000
Generally not.
No.
No.
We do not check credit; if the value of the collateral is sufficient we do not make a decision based upon your credit score.
No, but the borrower is responsible for the Lender’s Policy premium and title company closing costs. The borrower also pays a reconveyance fee when the loan pays off. The reconveyance fee is usually $80.00.
No.
Yes.
No.
Yes unless the collateral is land or lots only.
Closing will occur at the title company.
Generally not.
If the collateral and/or LTV is exceptionally good we can do a construction loan.
Yes, but with conditions.
If the transaction is a refinance, value is determined by comparable sales. We have a real estate agent on staff.
If the transaction is a purchase, the value starts there – we recognize that purchase transactions are often under market.
No.
You can be paid referral fees on commercial and/or land loans. Your company can be paid an origination fee on one-to-four family-dwelling loans if you are a licensed Utah Mortgage Loan Originator working for a Utah-licensed mortgage company.
Still have questions? Contact us.
If you're ready for a loan, apply here.
4547 S. 700 E., Suite 100, Salt Lake City, UT 84107
tyler@integrityfundingutah.com
801-265-1040
NMLS ID: 858489