DSCR Investor Loans in Phoenix, AZ

Phoenix is a top-five investor market nationally. DSCR loans on long-term and short-term rentals qualify on the property's income.

DSCR Investor Loans in Phoenix: what you need to know

A DSCR (debt service coverage ratio) loan qualifies an investment property on its own rental income instead of your personal tax returns. If the rent covers the payment, the deal works. It is the primary tool serious investors use to scale in Arizona.

• No personal income documentation; qualification is based on the property's rent
• Long-term and short-term rental income accepted, including furnished rentals
• Close in an LLC
• 20% to 25% down typical; cash-out refinance available on existing rentals
• No limit on the number of financed properties

The Phoenix market

Phoenix is a dozen markets in one. Arcadia and Biltmore behave like Scottsdale, Ahwatukee behaves like Chandler, and North Phoenix is new construction and relocation buyers. The program that fits depends on the zip code, and the lender needs to know the neighborhoods, not just the guidelines.

How Ricky's team handles DSCR loans in Phoenix

Every file starts with a 15-minute strategy call. We map your goal, run the numbers on DSCR loan against the alternatives, and issue a pre-approval that has been reviewed by a human underwriter, not a pre-qualification from a form. You get weekly updates, one point of contact, and a closing date we hit. Ricky Khamis has been lending in the Valley since 1999, is an 82nd Airborne veteran, and personally reviews DSCR loan files.

Frequently asked questions

How does a DSCR loan qualify in Phoenix?

The lender divides the property's monthly rent (actual lease or market rent from the appraisal) by the full monthly payment. A ratio of 1.0 or higher is the standard target; some programs go lower with more down.

Can I use a DSCR loan for a short-term rental in Phoenix?

Yes. Many DSCR programs accept short-term rental income based on documented history or market projections. Phoenix STR rules vary by neighborhood and HOA, so we confirm that first.

Can I close in my LLC?

Yes. DSCR loans are commonly closed in an LLC, which is one reason investors prefer them over conventional investor loans.

What credit score do I need?

Most DSCR programs start around 660, with the best pricing at 720 and above.

Source: Ricky Khamis, President of EPiQ Lending, NMLS #173141, Scottsdale, Arizona. Program guidelines change; contact us for current terms. Not a commitment to lend.