DSCR Loans in Utah

Utah's booming Silicon Slopes tech corridor, youngest population in America, and low property taxes create appreciation-focused DSCR opportunities.

$505K
Median Home Price
$1,800/mo
Median Monthly Rent
0.84x
Est. DSCR at Median
70+
Lenders in Network
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MARKET OVERVIEW

Utah DSCR Loan Market

Utah has been one of the fastest-growing states, driven by the Silicon Slopes tech corridor stretching from Salt Lake City through Provo. Major tech employers (Adobe, Qualtrics, Pluralsight) and a young population (youngest median age in America) create strong rental demand. Utah's property tax rate of 0.58% is among the lowest in the nation, which helps DSCR ratios. However, property values have appreciated significantly, compressing cash flow. Salt Lake City and Provo are appreciation plays, while Ogden offers better cash-flow metrics. The STR DSCR program is popular for Park City and Moab properties. Utah is landlord-friendly with fast eviction processes.

LANDLORD-FRIENDLY STATE

Top Investor Cities

  • Salt Lake City
  • Provo
  • Ogden
Effective Property Tax Rate
0.58%

Monthly tax on $505,000 property: $244/mo

REQUIREMENTS

DSCR Loan Requirements in Utah

Licensing & Regulatory

Loans in Utah are originated by [Broker B], NMLS# [XXXXXX], licensed in Utah.

All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.

Common Property Types

  • Single-Family Rentals
  • Condos/Townhomes
  • Short-Term Rentals

Down Payment & LTV

  • Standard DSCR: 20% minimum down (80% LTV)
  • No-Ratio DSCR: 30% minimum down (70% LTV)
  • 30%+ down unlocks No-Ratio DSCR programs and broader lender access

Appraisal & Rent Schedule

  • Form 1007 rent schedule required with appraisal
  • Appraisal estimates market rent for DSCR calculation
  • STR properties: AirDNA projected income accepted

DEAL EXAMPLE

Sample DSCR Deal in Ogden, Utah

Single-Family Rental

Ogden, Utah

DSCR
Purchase Price $385,000
Down Payment 25% ($96,250)
Loan Amount $288,750
Loan Type 30-Year Fixed DSCR

Monthly Breakdown

Principal & Interest $1,921
Property Tax $186
Insurance $175
Total PITIA $2,282
Monthly Rent $1,700
DSCR Ratio
0.93x
Monthly Cash Flow
-$82
Close Time
25 days
DSCR = $1,700 ÷ $2,282 = 0.93x

This borrower closed in 25 days with no income verification, no tax returns, and no employment check.

Results may vary. This is a representative example, not a guarantee of future performance.

This deal example is for illustrative purposes only and is based on representative scenarios across our broker network. Actual loan terms, approval, and closing depend on your full credit profile, property details, appraisal, and the matched lender's specific guidelines. This is not a loan offer or commitment to lend.

FREQUENTLY ASKED

DSCR Loan Questions for Utah Investors

DSCR loans in Utah require a minimum 660 credit score, 20% minimum down payment, and non-owner-occupied status. No income docs or tax returns needed. Given Utah's higher prices and tighter DSCR ratios, the No-Ratio program (30% down, 680+ credit) is popular.

Rates start from 5.99% for 740+ FICO with 35%+ down. Most Utah investors see rates between 6.50% and 7.50%. Utah's growth trajectory makes lenders comfortable.

Yes. Park City is Utah's premier STR market with ski season and Sundance Film Festival demand. Moab attracts adventure tourism. St. George serves as a winter golf/hiking destination. Our STR DSCR program uses projected income to qualify.

Utah has one of the lowest effective property tax rates at approximately 0.58%. On a $385,000 property, that's only $186/month. This low rate is one of Utah's biggest advantages for DSCR investors and helps partially offset the higher home prices.

Yes. DSCR loans have no owner-occupancy requirement. Utah attracts investment from California, Nevada, and other neighboring states. Property management is available in all major Utah markets.

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Loans in Utah are originated by [Broker B], NMLS# [XXXXXX], licensed in Utah. is not affiliated with DSCRBroker.com except as a participating broker in our matching network. All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.