DSCR Loans in Salt Lake County, Utah
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 151 lenders made 1,319 investment-property loans in Salt Lake County, 26.9% of Utah's total. Dominick Prevete arranges DSCR loans across Salt Lake County, Utah, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $335,000.
Salt Lake County investor market at a glance
| Statistic | Salt Lake County | Utah | County rank |
|---|---|---|---|
| Investor loans | 1,319 | 4,901 | 1st of 9 |
| Reporting lenders | 151 | 256 | 1st of 9 |
| Loan volume | $551.7M | $2.10B | 1st of 9 |
| Average loan | $418K | $429K | 4th of 9 |
| Median loan | $375K | $345K | 3rd of 9 |
| Purchases | 53.9% | 61.2% | 8th of 9 |
| Cash-out refinances | 22.7% | 17.0% | 2nd of 9 |
| 2–4 unit properties | 13.6% | 8.7% | 2nd of 9 |
| Top five lenders' share | 34.8% | 30.5% | 6th of 9 |
| Reported business-purpose | 70.5% | 69.7% | 5th of 9 |
Salt Lake County: closed-end loans on 1–4 unit investment properties. Salt Lake County's rank is highest first, among Utah's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Salt Lake County's investor loans.
What stands out in Salt Lake County
22.7% of Salt Lake County's investor loans were cash-out refinances, the 2nd-highest share of Utah's 9 counties with published data (statewide: 17.0%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
53.9% of Salt Lake County's investor loans were purchases, the 2nd-lowest share of Utah's 9 counties with published data (statewide: 61.2%).
Refinances are a larger share here than in most of Utah. A DSCR refinance qualifies on the property's current rent.
13.6% of Salt Lake County's investor loans financed a 2–4 unit property, the 2nd-highest share of Utah's 9 counties with published data (statewide: 8.7%).
2–4 unit properties are a larger share here than in most of Utah. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
Does a DSCR loan pencil in Salt Lake County?
At HUD's fair market rent of $2,143 for a 3-bedroom in Salt Lake County, Utah, a rental covers its full DSCR payment up to a purchase price of about $335,000, with 20% down at the 7.25% starting rate (November 2026). Salt Lake County's median home value is $525,700; at that price the payment is $3,324 a month, so the property would need $3,325 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,615 / $2,143 / $2,439 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $525,700 |
| Median property taxes and effective rate | $2,836 (0.54% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $3,324 |
| Rent needed to cover that payment | $3,325 |
| Coverage of a 3-bedroom at fair market rent | 0.64 |
| Highest price a 3-bedroom at fair market rent covers | about $335,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $510,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Salt Lake County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Salt Lake County?
The most active investment-property lenders in Salt Lake County in 2025 HMDA data were United Wholesale Mortgage; THE LOAN STORE, INC.; and AMERICA FIRST Federal Credit Union, out of 151 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders and matches each file to the one most likely to fund it.
Salt Lake County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 1,319 loans and $551.7M from 151 lenders. United Wholesale Mortgage led Salt Lake County with 138 loans, 10.5% of the county's total, and the average Salt Lake County loan of $418K compares with $429K across Utah.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| United Wholesale Mortgage | 138 | $56.1M | $406K | 53.6% |
| THE LOAN STORE, INC. | 108 | $42.4M | $393K | 55.6% |
| AMERICA FIRST Federal Credit Union | 78 | $11.0M | $141K | 12.8% |
| KIND LENDING, LLC | 69 | $27.9M | $404K | 65.2% |
| INTERCAP LENDING INC. | 66 | $29.6M | $448K | 56.1% |
| CONVENTUS LLC | 47 | $39.2M | $835K | 85.1% |
| GUILD MORTGAGE COMPANY | 45 | $16.6M | $368K | 60.0% |
| Rocket Mortgage, LLC | 43 | $14.4M | $335K | 37.2% |
| FIRST COLONY MORTGAGE CORPORATION | 31 | $8.9M | $288K | 77.4% |
| Mountain America Federal Credit Union | 27 | $12.8M | $475K | 55.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 27 | $10.0M | $369K | 55.6% |
| AMWEST FUNDING CORP. | 27 | $8.5M | $315K | 51.9% |
| PENNYMAC LOAN SERVICES, LLC | 24 | $11.3M | $472K | 62.5% |
| NEXERA HOLDING LLC | 23 | $10.0M | $433K | 47.8% |
| Fairway Independent Mortgage Corporation | 23 | $9.2M | $399K | 82.6% |
| MY MOVE MORTGAGE, LLC | 18 | $6.9M | $381K | 61.1% |
| NEWREZ LLC | 17 | $6.3M | $373K | 47.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 17 | $6.2M | $363K | 17.6% |
| CYPRUS Federal Credit Union | 15 | $7.7M | $513K | 66.7% |
| SECURITYNATIONAL MORTGAGE COMPANY | 15 | $6.5M | $432K | 80.0% |
| OCMBC, INC. | 15 | $6.4M | $426K | 46.7% |
| JPMorgan Chase Bank, National Association | 13 | $5.3M | $405K | 84.6% |
| GUARANTEED RATE, INC. | 13 | $5.0M | $382K | 46.2% |
| Hometown Equity Mortgage, LLC | 11 | $4.5M | $413K | 9.1% |
| DEEPHAVEN MORTGAGE LLC | 11 | $3.5M | $315K | 45.5% |
2 Utah loans (0%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Salt Lake County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Salt Lake County CSV, all 25 lenders
What Salt Lake County's table can't show you: fit. Short-term financing is exempt from HMDA, so Salt Lake County's fix-and-flip and bridge lenders barely appear among its 151 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders so it lands with the one most likely to fund it.
Price your loan →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
Counties near Salt Lake County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Salt Lake County |
|---|---|---|---|
| Utah County, UT | 1,080 | 125 | Borders Salt Lake County |
| Davis County, UT | 264 | 71 | Borders Salt Lake County |
| Summit County, UT | 193 | 82 | Borders Salt Lake County |
| Wasatch County, UT | 212 | 69 | Borders Salt Lake County |
| Weber County, UT | 325 | 83 | About 40 miles away |
Run the coverage test on your Salt Lake County, Utah deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Salt Lake County, Utah property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Salt Lake County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 151 lenders and 1,319 loans: 2025 HMDA loan-level data rolled up to Salt Lake County.
- Salt Lake County investor-lender dataset (CSV) — All 25 lenders in the Salt Lake County, Utah table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Salt Lake County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Salt Lake City, UT HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Salt Lake County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.