General Rates and Terms
These are our general rates and terms. Each deal is unique, so please call us to discuss your situation, we are great at thinking out of the box.
| Loan To Value | Consumer: Approximately 65% (through our sister company TACA Mortgage)
Commercial: Approximately 65% Land: Up to 60% We require all borrowers to have “skin in the game” |
| Loan Amounts | $500,000 - $25,000,000 (Smaller loans available upon request) |
| Term | 3 - 60 months |
| Points | 2 - 5 points depending on length and LTV |
| Rates | 8-13% |
| Types of Collateral | Real estate only (residential, commercial, land); Additional security can vary |
| Location | MOSTLY IN UTAH (only in Utah for consumer loans) |
| Up-front fees | None |
| Closing Time | As quickly as 24 hours |
| Appraisal | Not required. Property inspection by staff is usually required. |
| Credit | Credit is not a main qualifier for the loan. The majority of our decision is based on the assets involved. |
| Liens | First liens only |