Commercial
Mezzanine Financing in Salt Lake City, UT
What is a Mezzanine Financing? Mezzanine Financing is a specialized mortgage solution offered by CMRE for real estate financing. This program provides tailored terms, flexible underwriting, and expedited closing timelines to meet the unique needs of property buyers and investors in Salt Lake City, UT.
Custom Mortgage arranges Mezzanine Financing financing in Salt Lake City, UT and across Salt Lake County, including Sugar House and The Avenues. Salt Lake County's 2026 FHFA conforming loan limit is $832,750 for a one-unit home and $1,601,750 for four units. Census ACS 2024 data puts the median owner-occupied home value in Salt Lake County at $525,700, $307,050 below that one-unit limit.
Median household income there is $97,494 and 66% of homes are owner-occupied (Census ACS 2024).
Key Facts About Mezzanine Financing
CMRE Mezzanine Financing ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for Mezzanine Financing.
CMRE Mezzanine Financing closes in LLC, corporation, or trust names.
CMRE commercial lending covers office, retail, industrial, and multifamily.
CMRE Mezzanine Financing ranges $250K to $50M.
CMRE commercial bank statement programs for Mezzanine Financing.
CMRE Mezzanine Financing closes in LLC/Corp/Trust.
CMRE commercial covers office, retail, industrial, multifamily.
Program Benefits
Access capital without diluting equity.
Higher leverage compared to traditional debt financing.
Flexibility in structuring repayment terms to match your project's cash flow.
Faster closing times than equity financing.
Potential for higher returns on investment.
Use for various purposes, including acquisitions, expansions, and recapitalizations.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
N/A
Loan Amount Range
$500K - $10M+
Amortization Options
Eligible Properties
- Office Buildings
- Retail Centers
- Industrial Properties
- Multifamily Properties
- Hospitality
Program Requirements
Income Documentation
- •Demonstrated history of successful project management.
- •Pro forma financial statements showing sufficient cash flow to cover debt service.
- •Detailed business plan outlining project objectives and strategies.
Asset Verification
- •Existing commercial real estate portfolio.
- •Other liquid assets to support the project.
- •Valuable collateral to secure the loan.
Insurance & Title
- •Comprehensive property insurance coverage.
- •Liability insurance to protect against potential risks.
- •Business interruption insurance to cover lost income.
Property Requirements
- •Minimum FICO score of 640.
- •Strong credit history with no recent bankruptcies or foreclosures.
- •Demonstrated ability to manage debt responsibly.
- •Positive references from previous lenders.
Mezzanine Financing in Salt Lake City: The Complete Guide
What Is Mezzanine Financing?
Mezzanine financing is a hybrid of debt and equity financing, typically used to fund the expansion of existing companies. It is generally subordinated to senior debt but senior to equity. This type of financing often includes warrants or options, which allow the lender to convert the debt into equity if the company performs well. Mezzanine financing is a valuable tool for businesses that need capital but do not want to dilute their equity or take on more senior debt.
Qualifying for Mezzanine Financing
- •Underwritten on property income (DSCR) and borrower financial strength.
- •Typical DSCR requirement: 1.20x-1.25x (NOI / debt service).
- •2+ years business experience, adequate liquidity, acceptable credit.
- •CMRE commercial bank statement programs: qualify with 12-24 months statements instead of tax returns.
- •SBA programs (7(a), 504, Express) available for owner-occupied commercial with as low as 10% down.
Mezzanine Financing vs. Residential Lending
- •Commercial: underwritten on property cash flow. Residential: on borrower income.
- •Commercial terms: 5-10 year terms with 25-30 year amortization.
- •Commercial allows LLC/Corp entity vesting for asset protection.
- •CMRE offers both — our team determines the best structure for your situation.
Apply for Mezzanine Financing with CMRE
- •Step 1: Submit property details — type, location, price, NOI, business plan.
- •Step 2: CMRE provides preliminary terms within 48 hours.
- •Step 3: Application with financial statements, rent rolls, entity docs.
- •Step 4: Appraisal and environmental assessment.
- •Step 5: Underwriting in 2-4 weeks. Closing in 30-60 days.
Mezzanine Financing Comparison: Commercial vs SBA vs Residential
- •Commercial loans are underwritten on property net operating income (NOI) with typical DSCR requirements of 1.20x-1.25x. SBA loans offer lower down payments (10%) for owner-occupied commercial but require agency approval adding 15-30 days.
- •CMRE commercial bank statement programs allow self-employed borrowers to qualify using 12-24 months of business bank statements instead of tax returns and financial statements, significantly simplifying the documentation process.
- •For mixed-use properties (commercial + residential), CMRE evaluates which program structure provides the best terms. Properties with 51%+ commercial use qualify for commercial lending; properties with 51%+ residential may qualify for more favorable residential terms.
- •CMRE structures commercial loans with flexible terms: 5, 7, or 10-year fixed periods with 25-30 year amortization, interest-only options for cash flow optimization, and prepayment structures tailored to your business plan.
National Rate Index (Freddie Mac PMMS)
30-Year Fixed Rate
7.18%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
15-Year Fixed Rate
6.57%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Market-data snapshots: FHFA 2026 (live); HUD FYunavailable (bundled); Census ACS 2024 (bundled).
Salt Lake County at a glance
- Conforming loan limit (1 unit)
- $832,750
- Source: FHFA, 2026
- Conforming loan limit (4 units)
- $1,601,750
- Source: FHFA, 2026
- Median owner-occupied home value
- $525,700
- Source: Census ACS 5-year, 2024
- Median household income
- $97,494
- Source: Census ACS 5-year, 2024
- Owner-occupied homes
- 66%
- Source: Census ACS 5-year, 2024
- Home value to income ratio
- 5.4
- Source: Census ACS 5-year (computed), 2024
2026 Conforming Loan Limits: SALT LAKE
1-Unit (SFR)
$832,750
2-Unit (Duplex)
$1,066,250
3-Unit (Triplex)
$1,288,800
4-Unit (Fourplex)
$1,601,750
Source: FHFA 2026 Conforming Loan Limits. Loans above these limits require jumbo financing.
Mezzanine Financing in Salt Lake City, UT
Salt Lake City mortgage lending. Competitive rates along the Wasatch Front.Custom Mortgage & Real Estate specializes in providing high-fidelity Mezzanine Financing solutions tailored to the unique economic landscape of Salt Lake City and the surrounding Salt Lake County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireSalt Lake City metropolitan area.
Service Areas & Neighborhoods
Our Salt Lake City Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Get Matched in 60 Seconds
Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
Get Your Numbers
Quick quote or detailed payment estimate — no credit pull
Quote Wizard
AI-Powered Rate Intelligence
Step 1: Loan Foundation
Mortgage Estimator
Freddie Mac 30-yr average, week of Apr 19, 2026. Not a quote.
Principal & Interest Only
Common Questions About Mezzanine Financing in Salt Lake City
The latest available national 30-year fixed observation was 7.18% (Freddie Mac PMMS, week of 11/5/2026). Mezzanine Financing rates in Salt Lake City vary by loan amount, LTV, and credit profile — CMRE can issue a pre-approval within 24 hours of a complete application.
Timelines depend on the program, appraisal, and title: conventional purchases typically close in 14–21 days, and hard money loans can fund in as few as 7 business days. Pre-approvals are issued within 24 hours of a complete application.
CMRE finances office, retail, industrial, multifamily, mixed-use, and special-purpose properties in Salt Lake City and throughout Salt Lake County. Loan amounts range from $500K to $50M with 5-10 year fixed-rate terms.
Yes. CMRE arranges SBA 7(a), 504, and Express financing for Salt Lake County business owners purchasing or refinancing commercial real estate.
See all Mezzanine Financing questions and program details
Mezzanine Financing by Location
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Browse All Territories →Reviewed by Eve Sanchez, Chief Compliance Officer · Updated 2026-11-04 · Custom Mortgage Inc., NMLS #1556995
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
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