DSCR Loans in Pima County, Arizona
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 175 lenders made 1,446 investment-property loans in Pima County, 12.6% of Arizona's total. Dominick Prevete arranges DSCR loans across Pima County, Arizona, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $300,000.
Pima County investor market at a glance
| Statistic | Pima County | Arizona | County rank |
|---|---|---|---|
| Investor loans | 1,446 | 11,445 | 2nd of 9 |
| Reporting lenders | 175 | 505 | 3rd of 9 |
| Loan volume | $370.6M | $4.44B | 2nd of 9 |
| Average loan | $256K | $388K | 7th of 9 |
| Median loan | $225K | $295K | 6th of 9 |
| Purchases | 53.7% | 57.8% | 8th of 9 |
| Cash-out refinances | 25.2% | 21.1% | 3rd of 9 |
| 2–4 unit properties | 13.6% | 7.1% | 1st of 9 |
| Top five lenders' share | 29.5% | 24.8% | 5th of 9 |
| Reported business-purpose | 67.8% | 68.0% | 6th of 9 |
Pima County: closed-end loans on 1–4 unit investment properties. Pima County's rank is highest first, among Arizona's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Pima County's investor loans.
What stands out in Pima County
13.6% of Pima County's investor loans financed a 2–4 unit property, the highest share of Arizona's 9 counties with published data (statewide: 7.1%).
2–4 unit properties are a larger share here than in most of Arizona. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
53.7% of Pima County's investor loans were purchases, the 2nd-lowest share of Arizona's 9 counties with published data (statewide: 57.8%).
Refinances are a larger share here than in most of Arizona. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Pima County?
At HUD's fair market rent of $1,946 for a 3-bedroom in Pima County, Arizona, a rental covers its full DSCR payment up to a purchase price of about $300,000, with 20% down at the 7.25% starting rate (November 2026). Pima County's median home value is $319,700; at that price the payment is $2,067 a month, so the property would need $2,075 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,405 / $1,946 / $2,211 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $319,700 |
| Median property taxes and effective rate | $2,272 (0.71% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,067 |
| Rent needed to cover that payment | $2,075 |
| Coverage of a 3-bedroom at fair market rent | 0.94 |
| Highest price a 3-bedroom at fair market rent covers | about $300,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $430,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Pima County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Pima County?
The most active investment-property lenders in Pima County in 2025 HMDA data were CROSSCOUNTRY MORTGAGE, INC.; Kiavi Funding, Inc.; and NOVA FINANCIAL & INVESTMENT CORPORATION, out of 175 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including two that reported in Pima County, and matches each file to the one most likely to fund it.
Pima County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 1,446 loans and $370.6M from 175 lenders. CROSSCOUNTRY MORTGAGE, INC. led Pima County with 143 loans, 9.9% of the county's total, and the average Pima County loan of $256K compares with $388K across Arizona.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, INC. | 143 | $40.9M | $286K | 55.2% |
| Kiavi Funding, Inc. | 79 | $22.6M | $286K | 22.8% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | 75 | $20.0M | $267K | 58.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 71 | $15.9M | $224K | 35.2% |
| THE LOAN STORE, INC. | 59 | $14.7M | $249K | 54.2% |
| 21st Mortgage Corporation | 57 | $4.2M | $74K | 100.0% |
| Rocket Mortgage, LLC | 51 | $11.3M | $222K | 29.4% |
| V.I.P. MORTGAGE, INC. | 48 | $12.7M | $264K | 62.5% |
| ALTITUDE FINANCIAL CORPORATION | 48 | $11.4M | $238K | 47.9% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 44 | $9.3M | $211K | 50.0% |
| Fairway Independent Mortgage Corporation | 43 | $10.7M | $249K | 72.1% |
| Citadel Servicing Corporation | 38 | $10.5M | $276K | 78.9% |
| MORIA DEVELOPMENT, INC. | 28 | $7.3M | $262K | 60.7% |
| DEEPHAVEN MORTGAGE LLC | 25 | $8.1M | $325K | 24.0% |
| Prosperity Home Mortgage, LLC | 23 | $5.6M | $243K | 78.3% |
| OCMBC, INC. | 22 | $7.2M | $325K | 31.8% |
| VANTAGE WEST | 22 | $4.0M | $181K | 72.7% |
| Loandepot.Com, LLC | 18 | $4.0M | $221K | 61.1% |
| JPMorgan Chase Bank, National Association | 18 | $3.7M | $206K | 38.9% |
| Wells Fargo Bank, National Association | 17 | $4.6M | $269K | 64.7% |
| A&D Mortgage LLC | 17 | $4.2M | $248K | 35.3% |
| KBHS HOME LOANS, LLC | 17 | $3.8M | $223K | 88.2% |
| HOMEXPRESS MORTGAGE CORP. | 15 | $5.3M | $351K | 26.7% |
| NEXERA HOLDING LLC | 15 | $4.3M | $287K | 33.3% |
| NEWREZ LLC | 15 | $3.9M | $260K | 40.0% |
83 Arizona loans (0.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Pima County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Pima County CSV, all 25 lenders
What Pima County's table can't show you: fit. Short-term financing is exempt from HMDA, so Pima County's fix-and-flip and bridge lenders barely appear among its 175 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Pima County, Arizona deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Pima County, Arizona property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Pima County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 175 lenders and 1,446 loans: 2025 HMDA loan-level data rolled up to Pima County.
- Pima County investor-lender dataset (CSV) — All 25 lenders in the Pima County, Arizona table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Pima County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Tucson, AZ MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Pima County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.