Loan programs in Salt Lake City
DSCR Loans in Salt Lake City
A DSCR loan is an investment-property mortgage that qualifies you on the property’s rental income divided by its monthly payment (the debt service coverage ratio).
InvestorFix and Flip Loans in Salt Lake City
A fix and flip loan is short-term (usually 12–18 months), interest-only financing that covers most of a distressed property’s purchase price and up to 100% of renovation costs, repaid when you sell or refinance.
InvestorDSCR Cash-Out Refinance in Salt Lake City
A DSCR cash-out refinance replaces the loan on a rental with a larger one, sized to the property’s value and qualified on its rent, and pays you the difference in cash.
InvestorShort-Term Rental (Airbnb) DSCR Loans in Salt Lake City
A short-term rental DSCR loan qualifies a vacation rental on its nightly-rental income, using 12 months of booking history or a third-party projection such as AirDNA, instead of a long-term lease.
Home loanBank Statement Loans in Salt Lake City
A bank statement loan is a non-QM mortgage that calculates self-employed income from 12 or 24 months of personal or business bank deposits instead of tax returns.
Home loanFHA Loans in Salt Lake City
An FHA loan is a government-insured mortgage that allows 3.5% down with a credit score of 580 or higher, or 10% down with a score from 500 to 579.
Home loanFirst-Time Homebuyer Loans in Salt Lake City
First-time homebuyer loans are mortgage options with low down payments, typically 3% conventional, 3.5% FHA or $0 VA, often paired with state or local down payment assistance.
Home loanVA Loans in Salt Lake City
A VA loan is a mortgage guaranteed by the Department of Veterans Affairs that lets eligible veterans, active-duty service members and certain surviving spouses buy with no down payment and no monthly mortgage insurance.
Home loanCondo Loans in Salt Lake City
A condo loan is a mortgage on a unit in a condominium project, and approval depends on the building as well as the buyer.
Why borrowers look at Salt Lake City
Salt Lake City draws commuters who want Salt Lake County access without the biggest-city price tag. Owner-occupants should get pre-approved with the county's property tax figures in hand, since taxes here move the qualifying payment more than most buyers expect.
Local market snapshot: Salt Lake City
| Median home value | $489,400Utah (statewide) · Source: U.S. Census Bureau |
|---|---|
| Median gross rent | $1,496/moUtah (statewide) · Source: U.S. Census Bureau |
| Effective property tax rate | 0.48% (approx.)Utah (statewide effective, approx.) · Source: National Mortgage Center |
Homeowners insurance: Wildfire risk at the mountain fringe, winter storms, and earthquake exposure along the Wasatch Front.
Figures are the most local reliable public data available (city, then county, then statewide), each labeled above. They are context for your payment estimate, not a quote, run your scenario through our payment calculator.
Before you buy or refinance in Salt Lake City
- Pull the Salt Lake County property tax bill early; it is part of every payment and DSCR calculation.
- Get an insurance quote before you lock a price.
- For rentals, check rent comps and any local rental registration or short-term rental rules in Salt Lake City.
Run the numbers
- DSCR Calculator
- Fix and Flip Profit Calculator
- Mortgage Payment Calculator
- Home Affordability Calculator
Other Utah cities
- West Valley City
- Provo
- Ogden
- St. George
- West Jordan
- Orem
- Sandy
- Layton
- South Jordan
- Lehi
- Millcreek
- Taylorsville
- Herriman
- Logan
- Murray
- Draper
FAQ
What loans can I get in Salt Lake City, UT?
Investor loans (DSCR, fix and flip, cash-out, short-term rental) and owner-occupied home loans (bank statement, FHA, VA, conventional and more).
Who assesses property taxes in Salt Lake City?
Salt Lake County. Lenders include those taxes in the monthly payment used to qualify you.