About Wymac Capital Inc
Primary Source Lending was established in 2020 by Alma and Spencer Hansen, bringing over 54 years of combined experience in the hard money and private money lending business to Utah. The company prides itself on its in-house funding, underwriting, and approval process, enabling them to close deals faster and offer more competitive rates.
The team is small and agile, providing personalized service with consistent contact from beginning to end. They emphasize their local presence in the Salt Lake Valley, highlighting the advantage of working with a Utah-based lender who understands the local market better than distant investors.
By being the primary source of their funds, Primary Source Lending aims to provide superior rates, faster closing times, and versatile loan terms. They focus on building client relationships and offering a lending experience that prioritizes individual needs and local expertise.
The team is small and agile, providing personalized service with consistent contact from beginning to end. They emphasize their local presence in the Salt Lake Valley, highlighting the advantage of working with a Utah-based lender who understands the local market better than distant investors.
By being the primary source of their funds, Primary Source Lending aims to provide superior rates, faster closing times, and versatile loan terms. They focus on building client relationships and offering a lending experience that prioritizes individual needs and local expertise.
Company Information
Founded: 2020
Lender Type: Private Money Lender
Headquarters: Salt Lake City, UT
Licensed In
UT
Home Loan Products
Fix and Flip Loans
Loan Types:
Hard Money
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Investment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
No Income Verification
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)
70%
Max LTV
Residential Hard Money
Loan Types:
Hard MoneyBridge
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
No Income Verification
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)
70%
Max LTV
Traditional Mortgages
Loan Types:
ConventionalFHAVARefinance
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Commercial Loan Products
Commercial Bridge Loans
Loan Types:
Bridge LoanHard Money Loan
Property Types:
Multifamily (5+ units)OfficeRetailIndustrial/WarehouseHospitalityLandMixed-UseSelf-StorageHealthcareManufacturing
Real Estate Development Loans
Loan Types:
Hard Money Loan
Property Types:
Land
Contact Information
2875 S Main St #201B
South Salt Lake, UT 84115
US
Mailing Address:
5442 South 900 East #142 Salt Lake City, UT 84117
Get a Free Quote
Thank you! Your request has been sent. We will contact you soon.
An error occurred. Please try again.
Business Information
Category: Mortgage Lender
Location: South Salt Lake, UT
Status: Standard
Founded: 2020
Type: Private Money Lender
NMLS ID: 2055852
Profile Views: 1
Advertisement Space