A DSCR loan in Arizona is sized on the property's rent against its full monthly payment — principal, interest, taxes, insurance and any HOA. The program does not change by state; what changes is the tax and insurance line inside that ratio, the closing table and the legal process behind the lien. Here is what is specific to Arizona.
Silt's terms do not change at the state line. The term sheet reflects the property, the file and the supported value.
Loan amounts
$200K – $10M
Rates from
5.75%
Max LTV
80% purchase · 75% cash-out
Amortization
30-year
Minimum DSCR
1.00
Qualifies on
Property rent, not personal income
WHAT IS SPECIFIC TO ARIZONA
Arizona facts that touch this loan
Foreclosure. Arizona is listed as a non-judicial-foreclosure jurisdiction: a power-of-sale clause in the deed of trust or mortgage lets the sale proceed without a court judgment, following the statutory notice steps. A.R.S. §33-807 authorizes nonjudicial trustee sales after default; the beneficiary may instead foreclose judicially as a mortgage. Power of sale cannot be exercised before the 91st day after recording notice. [1][2]
Statutory transfer fee. A.R.S. § 11-1132 requires a $2 fee before recording a deed or contract transferring real estate, included in the recording charge under § 11-475(A). This is a fixed statutory transfer fee, not a percentage-of-price tax. [3]
Licensed escrow channel. Arizona DIFI publishes filed rates for licensed real-property escrow agents. This documents a regulated escrow closing channel, rather than an attorney-only requirement. [4]
Foreign LLC registration and passive ownership. A foreign LLC registers before transacting business; the regular Arizona Corporation Commission filing fee is $150. A.R.S. § 29-3905 exempts owning property without more, which should not automatically be extended to an operating rental business. [5][6][7]
Residential nonpayment. A.R.S. § 33-1368(B) permits termination of a residential tenancy if rent remains unpaid five days after written notice of nonpayment and intent to terminate. This residential rule is not a commercial-lease notice period. [8]
Phoenix permit application. Phoenix requires a short-term rental permit under City Code § 10-197, with a transaction privilege tax license, qualifying liability coverage and county rental registration evidence. Phoenix city limits—not the whole metro—define where this permit rule applies. [9]
LPV Rule A and Rule B—not a purchase-price rule. Maricopa County’s limited-property-value Rule A generally increases prior LPV by 5%, capped at full cash value. Rule B applies to specified omitted property, use changes, major construction or destruction and parcel changes; changing a single-family occupant or classification alone is not a use change. This is not a blanket sale-price-reset rule. [10]
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LARGEST METRO AREAS
Where Arizona's population is
By Census Bureau population estimates, Vintage 2025 (July 1, 2025). Silt lends statewide — these markets are not a limit. Metros are ranked by full-area population among those listing this state first in the Census name; Washington is also included for Virginia and Maryland. Interstate totals are not state-only populations. [11]
Phoenix-Mesa-Chandler, AZ
Tucson, AZ
Prescott Valley-Prescott, AZ
Lake Havasu City-Kingman, AZ
Yuma, AZ
FAQ
DSCR in Arizona: questions investors ask
Does Silt make dscr loans in Arizona?
Yes. Arizona is one of the states Silt lends in, and the dscr program covers 1–10 unit rentals, long-term or short-term, purchase or refinance.
Is Arizona a judicial or non-judicial foreclosure state?
Arizona is listed as a non-judicial-foreclosure jurisdiction: a power-of-sale clause in the deed of trust or mortgage lets the sale proceed without a court judgment, following the statutory notice steps. A.R.S. §33-807 authorizes nonjudicial trustee sales after default; the beneficiary may instead foreclose judicially as a mortgage. Power of sale cannot be exercised before the 91st day after recording notice.
Do dscr terms change in Arizona?
No. The program terms are the same in every state Silt lends in: loan amounts $200K – $10M; max ltv 80% purchase · 75% cash-out; amortization 30-year; minimum dscr 1.00; qualifies on Property rent, not personal income. The final term sheet reflects the property and the file.
Can I close in an LLC in Arizona?
Every Silt loan closes in an LLC or corporation, never a personal name. A foreign LLC registers before transacting business; the regular Arizona Corporation Commission filing fee is $150. A.R.S. § 29-3905 exempts owning property without more, which should not automatically be extended to an operating rental business.
What closing taxes should I budget in Arizona?
A.R.S. § 11-1132 requires a $2 fee before recording a deed or contract transferring real estate, included in the recording charge under § 11-475(A). This is a fixed statutory transfer fee, not a percentage-of-price tax.
Will you pull my credit to quote?
No. Quoting is free and takes no credit pull. Credit is pulled only when you want a written term sheet, and it sets the pricing tier.
Estimates on this page are not a commitment to lend. State facts reviewed October 2026; laws and rates change — confirm with your title company or attorney.