Construction Loans in Utah — One Close. Zero Surprises.
Whether you're building a custom home in Salt Lake City, renovating in Provo, or developing in Ogden — Sean Shallis structures construction-to-permanent loans with one closing instead of two, so you pay one set of closing costs.
Single close. Interest-only during build. One rate lock. One appraisal. Draw schedule managed. Originated through a national portfolio lender.
Utah builders deserve a lender who manages the details.
Sean Shallis is a national construction loan specialist who originates through a national portfolio lender, with the same file and the same underwriter from application to close. He structures single-close construction-to-permanent loans with one closing instead of two, locks your rate before you break ground, and keeps the draw schedule on track so your builder gets paid on time.
Whether you're building a custom home in Salt Lake City, doing a gut renovation in Provo, or combining construction financing with a physician loan — Sean's construction programs are available nationwide with the same white-glove service.
Custom Build in Utah
Building from the ground up in Salt Lake City or Provo? One loan, one close, one rate lock from dirt to doorstep.
Major Renovation
Gut renos and renovation-to-permanent projects in Utah. Transform an existing structure without juggling multiple loans.
Physician Builders
Physicians building in Utah can combine construction-to-perm with physician loan benefits. Student loan-friendly DTI available.
Investment Builders
Developing rental or investment properties in Utah? Competitive terms for experienced investors with $100K+ projects.
One set of closing costs and one appraisal. No second closing when the loan converts.
Pay only interest on funds drawn — not the full loan amount
Lock your permanent rate before construction begins
Generous construction timeline with extension options
Sean vs. Typical Utah Construction Lenders
Most Utah lenders require two closings and leave you managing the draw schedule yourself.
Building Across Utah
Sean works with builders and developers across every Utah market — and nationwide.
Construction-to-permanent loans available for custom builds and renovations in Salt Lake City.
Construction-to-permanent loans available for custom builds and renovations in Provo.
Construction-to-permanent loans available for custom builds and renovations in Ogden.
Construction Loan FAQ — Utah
What's the difference between single-close and two-close construction loans in Utah?
What's the minimum project size for a construction loan in Utah?
Can I do a renovation-to-permanent loan in Utah?
How does the draw schedule work?
Can I combine a construction loan with a physician loan in Utah?
Can I include lot purchase in my Utah construction loan?
What's the typical timeline from application to breaking ground?
Ready to plan your Utah build?
90 seconds with Rosie to get your build budget. No credit impact. No obligation. Or book a 20-minute strategy call with Sean.
Know Utah before you borrow
How closings work in Utah
Title companies run closings; attorneys are rarely involved.
Taxes and transfer costs
Owner-occupied homes receive a primary-residence property-tax exemption that second homes and rentals do not, so the tax bill changes with how you use the home.
Insurance that shapes the file
Wildland-urban-interface lots along the benches and canyons face wildfire underwriting; earthquake coverage is optional and rarely required.
Where people are buying
Salt Lake City · Provo and Utah County · Ogden · Park City · St. George. First-time and lower-down-payment programs run through the Utah Housing Corporation.
Plain-English notes, not legal or tax advice. Sean originates in all 50 states. Everything about mortgages in Utah →