Current interest rates on a residential construction loan in Salt Lake City typically range between 7.5
percent and 7.8 percent, based on credit ratings. Borrowers can expect to make a 20 percent down payment
on the loan, sometimes up to 25 percent based on the lender.
percent and 7.8 percent, based on credit ratings. Borrowers can expect to make a 20 percent down payment
on the loan, sometimes up to 25 percent based on the lender.
Construction lending is a pivotal driver of residential infrastructure expansion
Peri Kinder
Utah’s booming economy and dynamic landscape have long supported a robust construction industry. As the state continues to experience rapid population growth, construction lending is a pivotal driver of residential infrastructure expansion.
With the demand for residential projects rising, Salt Lake’s construction lending sector navigates regional trends to Please log in to see the rest of this story.
