DSCR Loans in Summit County, Utah
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 82 lenders made 193 investment-property loans in Summit County, 3.9% of Utah's total. Dominick Prevete arranges DSCR loans across Summit 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 $465,000.
Summit County investor market at a glance
| Statistic | Summit County | Utah | County rank |
|---|---|---|---|
| Investor loans | 193 | 4,901 | 7th of 9 |
| Reporting lenders | 82 | 256 | 5th of 9 |
| Loan volume | $203.4M | $2.10B | 4th of 9 |
| Average loan | $1,054K | $429K | 1st of 9 |
| Median loan | $615K | $345K | 1st of 9 |
| Purchases | 60.6% | 61.2% | 5th of 9 |
| Cash-out refinances | 13.0% | 17.0% | 7th of 9 |
| 2–4 unit properties | 1.6% | 8.7% | 7th of 9 |
| Top five lenders' share | 28.0% | 30.5% | 9th of 9 |
| Reported business-purpose | 66.3% | 69.7% | 9th of 9 |
Summit County: closed-end loans on 1–4 unit investment properties. Summit County's rank is highest first, among Utah's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Summit County's investor loans.
What stands out in Summit County
The average investor loan in Summit County was $1,054K, the highest average of Utah's 9 counties with published data (statewide: $429K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
66.3% of Summit County's investor loans were reported as business-purpose, the lowest share of Utah's 9 counties with published data (statewide: 69.7%).
Fewer investor loans here were reported as business-purpose than in most of Utah. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
The five most active lenders wrote 28.0% of Summit County's investor loans, the lowest share of Utah's 9 counties with published data (statewide: 30.5%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Summit County?
At HUD's fair market rent of $2,890 for a 3-bedroom in Summit County, Utah, a rental covers its full DSCR payment up to a purchase price of about $465,000, with 20% down at the 7.25% starting rate (November 2026). Summit County's median home value is $1,067,700; at that price the payment is $6,580 a month, so the property would need $6,600 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) | $2,153 / $2,890 / $3,599 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $1,067,700 |
| Median property taxes and effective rate | $3,701 (0.35% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $6,580 |
| Rent needed to cover that payment | $6,600 |
| Coverage of a 3-bedroom at fair market rent | 0.44 |
| Highest price a 3-bedroom at fair market rent covers | about $465,000 |
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 Summit County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Summit County?
The most active investment-property lenders in Summit County in 2025 HMDA data were LENDSURE MORTGAGE CORP.; United Wholesale Mortgage; and CROSSCOUNTRY MORTGAGE, INC., out of 82 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.
Summit County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 193 loans and $203.4M from 82 lenders. LENDSURE MORTGAGE CORP. led Summit County with 13 loans, 6.7% of the county's total, and the average Summit County loan of $1054K compares with $429K across Utah.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| LENDSURE MORTGAGE CORP. | 13 | $12.2M | $937K | 84.6% |
| United Wholesale Mortgage | 13 | $7.0M | $536K | 53.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 11 | $6.6M | $600K | 72.7% |
| Rocket Mortgage, LLC | 9 | $5.2M | $574K | 44.4% |
| THE LOAN STORE, INC. | 8 | $4.5M | $559K | 37.5% |
| JMAC LENDING, INC. | 6 | $11.2M | $1862K | 100.0% |
| NEWREZ LLC | 6 | $4.6M | $768K | 100.0% |
| Morgan Stanley Private Bank, National Association | 5 | $6.6M | $1315K | 40.0% |
| KIND LENDING, LLC | 5 | $2.1M | $427K | 40.0% |
| Charles Schwab Bank, SSB | 4 | $8.6M | $2145K | 75.0% |
| CLEAREDGE LENDING LLC | 4 | $2.7M | $665K | 100.0% |
| U.S. Bank National Association | 4 | $2.5M | $638K | 75.0% |
| Citadel Servicing Corporation | 4 | $2.1M | $520K | 75.0% |
| Mountain America Federal Credit Union | 4 | $0.9M | $218K | 25.0% |
| LIMA ONE CAPITAL, LLC | 3 | $9.5M | $3162K | 0.0% |
| Glacier Bank | 3 | $4.2M | $1402K | 66.7% |
| Bank of America, National Association | 3 | $3.3M | $1088K | 33.3% |
| Fairway Independent Mortgage Corporation | 3 | $3.1M | $1018K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 3 | $2.5M | $822K | 66.7% |
| Wells Fargo Bank, National Association | 3 | $2.0M | $655K | 66.7% |
| SECURITY HOME MORTGAGE, LLC. | 3 | $1.1M | $358K | 66.7% |
| LENDINGONE, LLC | 2 | $4.5M | $2260K | 50.0% |
| Stifel Bank and Trust | 2 | $4.3M | $2145K | 100.0% |
| CAKE MORTGAGE CORP. | 2 | $3.6M | $1810K | 50.0% |
| Emporium TPO LLC | 2 | $3.1M | $1565K | 50.0% |
2 Utah loans (0%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Summit County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Summit County CSV, all 25 lenders
What Summit County's table can't show you: fit. Short-term financing is exempt from HMDA, so Summit County's fix-and-flip and bridge lenders barely appear among its 82 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 Summit County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Summit County |
|---|---|---|---|
| Wasatch County, UT | 212 | 69 | Borders Summit County |
| Salt Lake County, UT | 1,319 | 151 | Borders Summit County |
| Weber County, UT | 325 | 83 | About 55 miles away |
| Utah County, UT | 1,080 | 125 | About 65 miles away |
| Davis County, UT | 264 | 71 | About 65 miles away |
| Cache County, UT | 158 | 43 | About 70 miles away |
Run the coverage test on your Summit County, Utah deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Summit 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 — Summit County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 82 lenders and 193 loans: 2025 HMDA loan-level data rolled up to Summit County.
- Summit County investor-lender dataset (CSV) — All 25 lenders in the Summit County, Utah table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Summit 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 Summit County, UT.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Summit 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.