Arizona DSCR Loans

As a real estate lender, CoreVest offers DSCR loans in Arizona

CoreVest helps fund DSCR projects for real estate investors with its fix and flip credit line and bridge products. Our approach to efficient underwriting and appraisal service relationships allows us to close deals quicker then our competition. The Arizona DSCR market is booming right now and many fix and flip investors have successfully leveraged their Capital with CoreVest.

Whether it’s a complete fixer upper, or you need funds for a quick rehab to get the property purchased, CoreVest Can help you leverage a competitive DSCR loan in Arizona today.

Product Overview

Loan Type Purchase or refinance
Property Type Single-family, 1-4 units, condo, townhome
Amount $75k - $2M+
Loan to Value (LTV) Up to 75% value
Loan Term 30-year term
Non-recourse options available
Flexible payment options
Foreign nationals eligible
Nationwide lending

How is an Arizona DSCR Loan Calculated?

Calculating the Debt Service Coverage Ratio (DSCR) involves a straightforward process that requires accurate financial data and a clear understanding of the numerator and denominator components. To ensure precise calculations, follow these step-by-step instructions:

Determine the Numerator

Identify the net operating income (NOI) of the property or business.
Subtract any non-operating income and add back any non-operating expenses.
Exclude interest and taxes from the NOI.

Determine the Denominator

Sum up all debt payments within a specific period, typically annually.
Include principal, interest, lease payments, and other relevant obligations.

Calculate DSCR

Divide the numerator (NOI) by the denominator (debt payments).
The resulting value represents the DSCR.

Your Arizona DSCR Loan Calculation Example

To illustrate how DSCR is calculated, let’s consider an example of a borrower applying for a real estate loan from a bank:


Property value: $500,000
Loan amount requested: $400,000
Annual net operating income (NOI): $60,000
Annual loan payment: $30,000

DSCR Calculation

Determine Net Operating Income (NOI): In this case, it is $60,000 per year.
Calculate Debt Service Payment (DSP): This represents the annual loan payment of $30,000.
Apply DSCR formula: Divide NOI by DSP ($60,000 / $30,000), resulting in a DSCR of 2.

In this example, the borrower has a DSCR of 2. A DSCR greater than 1 indicates that the property generates sufficient cash flow to cover its debt obligations.

Apply for a Arizona DSCR Loan

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