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— DSCR RENTAL LOANS · PHOENIX, AZ

DSCR Loans in Phoenix
No W-2. No Tax Returns.

Phoenix real estate investors: finance rental properties using the property's income — not your personal income. 30-year fixed terms. 660+ credit. LLC borrowing. Close in 10 days.

Check My Phoenix Rate →
5.99%
From Rate
80%
Max LTV
$5M
Max Loan
10 Days
Close

DSCR Loans in Phoenix, AZ — Key Facts for Investors

Why Phoenix Is a Strong Market for DSCR Loans Investors

Phoenix recovered from the 2008 crash stronger than any major US metro. TSMC's $40B semiconductor fab in North Phoenix, Intel expansion, and massive retiree migration keep demand at all ends of the market. Scottsdale and Paradise Valley serve the luxury STR market; Mesa and Glendale offer cash-flow rentals.

Median Price
$440,000
Citywide
Rental Yield
6.1%
Average gross
Appreciation
4.5%
YoY
Metro Pop
5.1M
Greater Phoenix

Active Phoenix Investor Neighborhoods

PHOENIX

Arcadia

Active investor market with strong rental demand and dscr activity.

PHOENIX

Scottsdale

Active investor market with strong rental demand and dscr activity.

PHOENIX

Chandler

Active investor market with strong rental demand and dscr activity.

PHOENIX

Gilbert

Active investor market with strong rental demand and dscr activity.

PHOENIX

Tempe

Active investor market with strong rental demand and dscr activity.

We also fund investments throughout the greater Phoenix metro including Scottsdale, Mesa, Chandler, Gilbert, and Glendale.

Recent Phoenix Closings

SFR Purchase · Arcadia
$352K Loan
Closed
1.35x DSCR · 75% LTV · 30-yr fixed · 720 FICO · closed in 14 days
4-Unit Multifamily · Scottsdale
$968K Loan
Closed
1.42x DSCR · 70% LTV · LLC borrowing · 680 FICO · closed in 21 days
Cash-Out Refi · Chandler
$286K Loan
Closed
1.28x DSCR · 70% LTV cash-out · 700 FICO · closed in 18 days

Key Considerations for Phoenix Investors

DSCR ratio qualification

Phoenix rental properties typically need a DSCR of 1.10x to 1.25x to qualify. Higher DSCR unlocks better pricing. Properties in Scottsdale often qualify easily on gross rent alone.

Property type considerations

Phoenix markets favor SFR, 2-4 unit multifamily, and small apartment buildings. Some lenders impose condo restrictions. STRs require DSCR programs that accept projected revenue.

LLC and entity borrowing

All LendingStreet DSCR programs in Phoenix allow LLC borrowing with personal guarantees. Standard for asset protection.

Cash-out refi strategy

Phoenix's 4.5% YoY appreciation makes cash-out refinancing attractive. Typical caps: 70-75% LTV. Use equity to acquire more Phoenix properties.

Frequently Asked Questions — Phoenix DSCR Loans

Can I get a DSCR loan in Phoenix without tax returns?

Yes. DSCR loans qualify based on the Phoenix rental property's projected income — not your personal income. No W-2, no tax returns required.

What is the minimum credit score for a Phoenix DSCR loan?

Most Phoenix DSCR programs require a minimum 660 credit score. Some programs allow 640 with compensating factors.

What DSCR ratio do I need for a Phoenix property?

Most lenders require a minimum DSCR of 1.00x. Better pricing kicks in at 1.20x+. Phoenix rental yields average 6.1% making 1.20x achievable in most submarkets.

Can I borrow in an LLC for a Phoenix rental property?

Yes. LendingStreet DSCR loans in Phoenix allow borrowing in an LLC with a personal guarantee.

How fast can a DSCR loan close in Phoenix?

Phoenix DSCR loans typically close in 14-21 days from complete application. Well-prepared borrowers can close in 10-14 days.

Does DSCR work for short-term rentals in Phoenix?

Yes. STR-specific DSCR programs qualify based on projected short-term rental revenue. Some Phoenix areas have STR restrictions — verify local rules.

What's the maximum loan amount on a Phoenix DSCR?

Standard DSCR loans in Phoenix go up to $5M. Jumbo DSCR programs extend to $10M+ for qualified borrowers.

Can I refinance my existing Phoenix rental with a DSCR loan?

Yes. Rate-and-term refis and cash-out refis are available on Phoenix rentals. Cash-out caps at 70-75% LTV.

Related Phoenix Loan Programs

Fix & Flip in Phoenix → Bridge in Phoenix → Construction in Phoenix → DSCR Loans in Arizona →

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