Private Money Lending in Utah
Utah's private lending market is booming, driven by rapid growth in Salt Lake City, Provo, St. George, and Park City.
This guide covers the essential legal and compliance considerations for private money lenders originating loans secured by real property in Utah. Whether you are a local private money lender or expanding into Utah from another state, understanding these requirements is critical to protecting your investments and ensuring enforceability of your loan documents.
Key Compliance Considerations for Utah
• Utah uses trust deeds (deeds of trust) and permits non-judicial foreclosure through trustee's sale
• There is no usury limit for business-purpose loans in Utah, making it very lender-friendly
• The state requires 30 days' notice and 3 consecutive weeks of publication before trustee's sale
• Utah has no right of redemption after a non-judicial trustee's sale
Generate Utah-Compliant Loan Documents
Automate Loan Docs generates complete, Utah-specific document packages that comply with all applicable state requirements. Every template is drafted by the attorneys at Geraci LLP, whose team has over 30 years of combined experience advising private money lenders across all 50 states — including extensive experience with Utah lending transactions.
This guide is for informational purposes only and does not constitute legal advice. Private lending laws are complex and change frequently. Consult with a qualified attorney before originating loans in Utah. The attorneys at Geraci LLP are available for state-specific legal consultation.
Related: Usury Laws by State | Deed of Trust vs Mortgage | Multi-State Lending Guide | Glossary