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DSCR loans in Arizona

Quick answer

DSCR loans in Arizona qualify investors on a property's rental income instead of personal income, typically with 20%–25% down and a 660+ credit score.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast updated

DSCR loan snapshot for Arizona

ItemEstimate
Minimum down payment20%–25%
Minimum credit score660–700
Typical AZ home value$358,900
3.5% down on typical home$12,562
20% down on typical home$71,780
Avg. effective property tax0.52%/yr (~$155/mo)
Income for typical home (31% rule)$108,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Which Arizona programs pair with DSCR loans?

  • HOME+PLUS: A 30-year fixed loan paired with down payment and closing cost assistance (typically a percentage of the loan amount) for buyers under income limits.
  • Local city programs: Phoenix, Tucson and several counties run their own down payment assistance for qualifying first-time buyers.

Details and current limits: Arizona Industrial Development Authority (HOME+PLUS).

How is DSCR calculated?

Lenders divide the property's market rent (from an appraiser's rent schedule or an existing lease) by the full monthly payment: principal, interest, taxes, insurance and any HOA dues. Example: $2,400 rent ÷ $2,000 payment = 1.20 DSCR.

Typical DSCR loan requirements

  • Down payment: 20%–25% (sometimes 15% for strong files).
  • Credit: 660–700 minimum.
  • Reserves: commonly 3–12 months of payments.
  • Property types: 1–4 unit homes, condos and townhomes; some lenders allow short-term rentals.

DSCR loans in Arizona cities

PhoenixTucsonMesaChandlerGilbertGlendaleScottsdalePeoriaTempeSurpriseSan Tan ValleyGoodyearBuckeyeYumaAvondaleFlagstaffCasas AdobesQueen CreekMaricopaLake Havasu CityCasa GrandeMaranaCatalina FoothillsPrescott ValleyOro ValleyPrescottSierra VistaBullhead CityApache JunctionSun CitySan LuisEl MirageSahuaritaKingmanFortuna FoothillsDrexel HeightsSun City WestFlorenceFountain HillsAnthemRio RicoGreen ValleyNogalesNew RiverFlowing WellsEloyPaysonDouglasVailFort MohaveTanque VerdeCoolidgeSomertonNew Kingman-ButlerSierra Vista SoutheastSun LakesValencia WestChino ValleyTucson EstatesVerde VillageParadise ValleySaddlebrookeCottonwoodGold CanyonCamp VerdeShow LowTucson MountainsSafford

Frequently asked questions

Yes. DSCR loans are available statewide in Arizona through approved lenders, subject to county loan limits where they apply.

Often yes. Arizona Industrial Development Authority (HOME+PLUS) and local programs frequently pair assistance with FHA, conventional, VA or USDA first mortgages. Eligibility depends on income, price and program rules.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.