A rehab loan is used primarily for the acquisition and repair of a home. Wasatch Credit Association can provide capital, based on the after repair value of the property. Wasatch Credit specializes in short-term rehab loans to real-estate entrepreneurs and licensed contractors remodeling homes before selling them. The lending services extend to contractors, real estate entrepreneurs, and investors. Loans are short-term, 6-12 months, and interest rates and loan fees vary by location.