DSCR Loans in Utah
Finance Utah rental property based on the property's rent, not your paycheck. No W-2s, no tax returns and no employment verification, with a 0.75x DSCR floor, rates from 5.75% and up to 85% LTV.
- Qualify on rent with real Utah taxes and insurance
- Single-family, condo, 2-4 unit and short-term rentals considered
- 14-day closings · LLCs and foreign nationals welcome
- No cap on the number of financed properties
Get your Utah DSCR quote
No tax returns · same-day quote · no hard credit pull to start.
- Share the address, rent and price or value
- Get a quote with real taxes and insurance
- Close in as fast as 14 days
Utah rental market
Why a DSCR loan fits Utah investors
Utah market snapshot
Salt Lake City and Provo growth, college demand, St. George, and Park City short-term rentals.
Why DSCR fits
Rapid growth and varied rental types fit rent-based underwriting.
| DSCR floor | 0.75x with compensating factors |
| Max LTV | Up to 85% on purchase |
| Rates from | 5.75% (strongest profiles) |
| Min FICO | 620+ |
| Qualifying income | Long-term rent or documented short-term-rental income |
| Vesting | Individual, LLC or entity · foreign nationals eligible |
| Closing | As fast as 14 days |
Local market details
Utah rental demand, housing and local anchors
Rental demand follows jobs, universities, healthcare, shopping and lifestyle. Here is a general look at the factors that shape Utah rental markets.
Population
About 3.3 million residents (2020 Census, rounded).
Rental market overview
Salt Lake City, Provo-Orem, Ogden and St. George lead demand, supported by technology, finance, healthcare and several large universities. Park City and southern Utah add resort and tourist rentals.
Housing trends
Prices rose very rapidly and affordability is stretched, with growth now cooler. New construction is active along the Wasatch Front.
Major employers
Goldman Sachs (Salt Lake City), Intermountain Health, Zions Bancorporation, Adobe (Lehi), Delta Air Lines hub, Ancestry
Hospitals & healthcare
Intermountain Health, University of Utah Health, Primary Children's Hospital, St. George Regional
Colleges & universities
University of Utah, Brigham Young University, Utah State University, Utah Valley University, Weber State
Malls & shopping
City Creek Center, Fashion Place, University Place (Orem), The Gateway
Attractions
Zion, Arches, Bryce Canyon and Canyonlands, Park City ski resorts, Temple Square, Great Salt Lake
Local details are general, approximate context (population rounded from the 2020 Census) and change over time. Verify specifics for your property and city.
Requirements
Utah DSCR loan requirements
| Down payment | Typically 20-25% on purchase; as little as 15% (up to 85% LTV) for strong profiles |
| Credit | 620+ FICO; best pricing at 720+ |
| DSCR | From 0.75x with compensating factors; 1.0x+ standard |
| Reserves | Typically 3-6 months of PITIA |
| Rent proof | Lease, or appraiser market-rent schedule (Form 1007) |
| Property types | Single-family, condos, 2-4 unit, small multifamily, short-term rentals where permitted |
| Uses | Purchase, rate-and-term refinance, cash-out refinance |
Free tool
Utah DSCR calculator
Enter your Utah property's rent, loan terms and carrying costs to estimate your DSCR and monthly cash flow.
Property & loan
Illustrative only; not a rate quote or commitment to lend. Your final DSCR is based on the property's actual rent (lease or appraiser rent schedule), taxes and insurance.
Answers
Utah DSCR loan FAQ
What is a DSCR loan in Utah?
A DSCR loan in Utah qualifies you on the rental income of the property instead of your personal income. We divide the monthly rent by the full monthly payment (principal, interest, taxes, insurance and any HOA). No W-2s, tax returns or employment verification are required.
What DSCR ratio do I need for a Utah rental?
Most lenders look for 1.0x or higher. Our program accepts a DSCR as low as 0.75x with compensating factors such as reserves, which can help in Utah markets where taxes, insurance or HOA dues are high compared with rent.
How much can I borrow on a Utah investment property?
Up to 85% LTV on a purchase for strong borrower profiles, and typically 75 to 80% on a cash-out refinance. The maximum depends on credit score, DSCR, property type and loan size.
What credit score is needed for a DSCR loan in Utah?
A minimum 620 FICO score is accepted. Higher scores earn better pricing, with the best rates generally reserved for 720 and above.
Can I buy Utah rental property in an LLC or as a foreign national?
Yes. You can close in an LLC or other entity, and foreign nationals and first-time investors are welcome. An attorney or tax advisor can help you choose the right structure.
How fast can I close a DSCR loan in Utah?
As fast as 14 days with a complete file. Appraisal scheduling, title work and insurance quotes are the usual timing factors.
Can I use a DSCR loan for a short-term rental in Utah?
Yes, where short-term rentals are allowed. Check local zoning, licensing and HOA rules for the specific city before you buy, because rules differ from one municipality to the next.
Ready to finance your Utah rental?
Free quote · no hard credit pull to start · same-day terms.