Anchor Loans for Utah investors
Anchor Loans is one of the oldest national hard money lenders. Long track record across multiple market cycles.
Utah context
Utah low property tax. Strong job growth. Ski STR (Park City) and southern Utah STR (St. George/Zion).
How Anchor Loans positions in Utah
Within Utah, Anchor Loans competes alongside other DSCR lenders. Anchor Loans strengths: oldest national hard money lender, experienced underwriting. The medium aggregate DSCR economics of Utah create demand for Anchor Loans programs in Salt Lake City and Provo particularly.
City-level coverage in Utah
Anchor Loans provides DSCR coverage across Utah metros including Salt Lake City, Provo, and St. George. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Anchor Loans program terms apply uniformly across Utah metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Loan size | $100K - $5.0M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 6-24 months |
| Typical close time | 10-21 days typical |
| Utah property tax | 0.6% |
| Utah state income tax | 4.85% |
Anchor Loans strengths in Utah
- oldest national hard money lender
- experienced underwriting
- high-volume capacity
Ideal borrower: Experienced investor with track record
FAQ
Yes, operates nationally including Utah. Anchor Loans is based in Calabasas, CA and operates nationally.
Salt Lake City is the top investor market in Utah and falls within Anchor Loans national coverage. Salt Lake City property tax follows the Utah state rate of 0.6 percent. Anchor Loans typically underwrites Salt Lake City acquisitions at standard rate sheets.
Yes. Provo ranks among the larger Utah investor metros and sees consistent DSCR loan volume from Anchor Loans. Submarket variation within Provo matters for property selection.
Anchor Loans applies the same rate sheet across Utah metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Salt Lake City, Provo, and St. George all qualify for the same Anchor Loans program.
Anchor Loans indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
Utah low property tax. Strong job growth. Ski STR (Park City) and southern Utah STR (St. George/Zion). Anchor Loans follows standard business-purpose loan structures.
Anchor Loans funds fix-and-flip, BRRRR, rental, bridge in Utah.
Utah allows standard DSCR prepay structures; Anchor Loans typically uses 3-5 year step down.
Anchor Loans typical close: 10-21 days typical.
Bottom line
For Utah DSCR borrowers, Anchor Loans is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Anchor Loans.