How does ARV lending work?

ARV (After-Repair Value) lending sizes the loan against the projected post-renovation value of the property rather than the as-is purchase price. We typically lend up to 75% of ARV and up to 90% of total project cost, whichever is lower.

What loan amounts are available for Utah fix-and-flips?

Loan amounts range from $75,000 to $2,000,000 per property. Term is 12-24 months with no prepayment penalty.

How fast can a Utah fix-and-flip loan close?

Once a file is ready for underwriting, rehab loans close in about 10 business days for new clients and 5-7 business days for repeat clients.

What rehab properties qualify?

Non-owner-occupied 1-4 unit residential properties in MSAs above 75,000 population. Manufactured housing and rural properties are not eligible.

Fix and Flip Loans in Utah | ARV Lending Up to 75%

How ARV Lending Works

ARV stands for After-Repair Value - the projected market value of a property once your renovation is complete. Traditional lenders won't underwrite on ARV; they cap leverage based on as-is purchase price. ARV lending solves the most common Utah flipper problem: a winning offer needs more cash than as-is leverage allows.

With MyDealLoan, your loan amount is sized against the lesser of 75% of ARV or 90% of total project cost (purchase + rehab). That structure rewards you for finding deals where the ARV is well above acquisition + rehab - exactly the formula that makes a flip profitable.

Utah Fix & Flip Program

Criteria	Details
Loan Amount	$75K - $2M
Max LTV (ARV)	Up to 75%
Max LTC (Loan-to-Cost)	Up to 90% (experience-based)
Term	12-24 months
Prepayment Penalty	None
Min Credit Score	650+
Min Property Value	$100,000
Property Types	Non-owner-occupied 1-4 unit
Min Liquidity	Down + closing + 3 mo PITIA + 15% rehab reserves ($25K floor)

Example: Salt Lake Valley Rehab

A typical mid-cycle Utah flip might look like this:

Purchase Price: $385,000
Rehab Budget: $65,000
Total Project Cost: $450,000
Projected ARV: $560,000
Max Loan (75% ARV): $420,000
Max Loan (90% LTC): $405,000
Loan Amount Funded: $405,000 (lesser of the two)
Borrower Cash to Close: ~$45,000 + closing costs

Illustrative only. Actual leverage depends on borrower experience, credit, and property profile.

What We Fund

Single-family rehabs across the Wasatch Front - SLC, West Valley, Sandy, Murray, Sugar House
Provo / Orem / Lehi single-family flips
Ogden, Layton, and Davis County rehabs
St. George and Washington County properties above the rural threshold
2-4 unit small multifamily value-add
Light-to-heavy rehab scopes - we underwrite the budget, not just the cosmetic spend

Fix and Flip FAQ

Do I need prior flip experience?

First-time flippers can qualify - leverage is just more conservative. Experienced operators (4+ verified completed flips) earn higher LTC and ARV ceilings.

How are rehab funds disbursed?

Rehab budget is held back and released in draws as work is completed and verified by inspection. You bring cash for the work, get reimbursed quickly per draw schedule.

Can I auction-fund?

Only when title insurance is available. Many local courthouse auctions don't qualify; some online platforms with closing agents do. Confirm with the platform first.

What's the difference between this and a DSCR loan?

Fix-and-flip loans are 12-24 month rehab loans for resale or refi-out strategies. DSCR loans are 30-year rental loans for buy-and-hold. Many investors use both - flip-to-rent: buy and rehab on a fix-and-flip loan, then refinance into a DSCR rental loan to keep the property.

Fix and Flip Loans in Utah