DSCR Loans in Wasatch County, Utah
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 69 lenders made 212 investment-property loans in Wasatch County, 4.3% of Utah's total. Dominick Prevete arranges DSCR loans across Wasatch 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 $375,000.
Wasatch County investor market at a glance
| Statistic | Wasatch County | Utah | County rank |
|---|---|---|---|
| Investor loans | 212 | 4,901 | 6th of 9 |
| Reporting lenders | 69 | 256 | 7th of 9 |
| Loan volume | $182.2M | $2.10B | 5th of 9 |
| Average loan | $859K | $429K | 2nd of 9 |
| Median loan | $595K | $345K | 2nd of 9 |
| Purchases | 60.4% | 61.2% | 6th of 9 |
| Cash-out refinances | 13.7% | 17.0% | 5th of 9 |
| 2–4 unit properties | 1.4% | 8.7% | 8th of 9 |
| Top five lenders' share | 31.6% | 30.5% | 7th of 9 |
| Reported business-purpose | 76.9% | 69.7% | 1st of 9 |
Wasatch County: closed-end loans on 1–4 unit investment properties. Wasatch County's rank is highest first, among Utah's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Wasatch County's investor loans.
What stands out in Wasatch County
By share of investor loans reported as business-purpose, Wasatch County ranks highest of Utah's 9 counties with published data (statewide: 69.7%).
76.9% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The median investor loan in Wasatch County was $595K, the 2nd-highest median of Utah's 9 counties with published data (statewide: $345K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
1.4% of Wasatch County's investor loans financed a 2–4 unit property, the 2nd-lowest share of Utah's 9 counties with published data (statewide: 8.7%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
Does a DSCR loan pencil in Wasatch County?
At HUD's fair market rent of $2,375 for a 3-bedroom in Wasatch County, Utah, a rental covers its full DSCR payment up to a purchase price of about $375,000, with 20% down at the 7.25% starting rate (November 2026). Wasatch County's median home value is $787,300; at that price the payment is $4,927 a month, so the property would need $4,950 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) | $1,715 / $2,375 / $2,867 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $787,300 |
| Median property taxes and effective rate | $3,624 (0.46% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $4,927 |
| Rent needed to cover that payment | $4,950 |
| Coverage of a 3-bedroom at fair market rent | 0.48 |
| Highest price a 3-bedroom at fair market rent covers | about $375,000 |
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 Wasatch County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Wasatch County?
The most active investment-property lenders in Wasatch County in 2025 HMDA data were FIRST COLONY MORTGAGE CORPORATION; LIMA ONE CAPITAL, LLC; and United Wholesale Mortgage, out of 69 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.
Wasatch County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 212 loans and $182.2M from 69 lenders. FIRST COLONY MORTGAGE CORPORATION led Wasatch County with 19 loans, 9.0% of the county's total, and the average Wasatch County loan of $859K compares with $429K across Utah.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| FIRST COLONY MORTGAGE CORPORATION | 19 | $14.7M | $773K | 26.3% |
| LIMA ONE CAPITAL, LLC | 16 | $32.2M | $2015K | 6.2% |
| United Wholesale Mortgage | 13 | $8.4M | $646K | 53.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 10 | $6.4M | $642K | 100.0% |
| INTERCAP LENDING INC. | 9 | $6.2M | $688K | 66.7% |
| GUILD MORTGAGE COMPANY | 8 | $3.5M | $436K | 50.0% |
| LENNAR MORTGAGE, LLC | 8 | $3.5M | $436K | 100.0% |
| AMERITRUST MORTGAGE CORPORATION | 7 | $6.1M | $865K | 85.7% |
| LENDSURE MORTGAGE CORP. | 7 | $5.5M | $784K | 100.0% |
| KIND LENDING, LLC | 7 | $4.4M | $622K | 42.9% |
| THE LOAN STORE, INC. | 7 | $3.5M | $501K | 71.4% |
| Citadel Servicing Corporation | 5 | $6.1M | $1213K | 60.0% |
| JMAC LENDING, INC. | 5 | $4.0M | $791K | 100.0% |
| Rocket Mortgage, LLC | 5 | $3.6M | $715K | 20.0% |
| Greenbox Loans, Inc. | 4 | $5.6M | $1403K | 75.0% |
| U.S. Bank National Association | 3 | $2.4M | $805K | 100.0% |
| SECURITY HOME MORTGAGE, LLC. | 3 | $2.4M | $785K | 66.7% |
| PENNYMAC LOAN SERVICES, LLC | 3 | $2.2M | $718K | 66.7% |
| SECURITYNATIONAL MORTGAGE COMPANY | 3 | $2.1M | $708K | 100.0% |
| Verus Residential Loanco, LLC | 3 | $2.0M | $662K | 100.0% |
| MY MOVE MORTGAGE, LLC | 3 | $1.5M | $498K | 100.0% |
| United Nations Federal Credit Union | 3 | $1.3M | $448K | 100.0% |
| CONVENTUS LLC | 2 | $5.8M | $2915K | 0.0% |
| UTAH COMMUNITY FEDERAL CREDIT UNION | 2 | $5.6M | $2780K | 0.0% |
| Bank of America, National Association | 2 | $4.0M | $1980K | 50.0% |
2 Utah loans (0%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Wasatch County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Wasatch County CSV, all 25 lenders
What Wasatch County's table can't show you: fit. Short-term financing is exempt from HMDA, so Wasatch County's fix-and-flip and bridge lenders barely appear among its 69 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 Wasatch County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Wasatch County |
|---|---|---|---|
| Utah County, UT | 1,080 | 125 | Borders Wasatch County |
| Summit County, UT | 193 | 82 | Borders Wasatch County |
| Salt Lake County, UT | 1,319 | 151 | Borders Wasatch County |
| Davis County, UT | 264 | 71 | About 75 miles away |
Run the coverage test on your Wasatch County, Utah deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Wasatch 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 — Wasatch County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 69 lenders and 212 loans: 2025 HMDA loan-level data rolled up to Wasatch County.
- Wasatch County investor-lender dataset (CSV) — All 25 lenders in the Wasatch County, Utah table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Wasatch 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 Wasatch County, UT.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Wasatch 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.