Non-QM Loans in Arizona
Arizona's booming population growth and strong rental market make it a prime destination for real estate investors. Non-QM loans help self-employed professionals and investors capitalize on opportunities in Phoenix, Scottsdale, and growing suburban markets.
$435,000
Median Home Price
$395,000
Avg. Loan Amount
52+
Licensed Lenders
12+
Major Markets
Arizona Real Estate Market
Why Non-QM loans are popular in Arizona
Rapid population growth driving strong housing demand
No state income tax attracts high-income relocators
Strong short-term rental market in Scottsdale and Sedona
Large retiree population benefits from asset depletion loans
Growing tech sector creating self-employed professionals
Investment property opportunities in Phoenix metro area
Popular Non-QM Programs in Arizona
These loan programs are especially popular among Arizona borrowers
Top Arizona Markets We Serve
Non-QM lending available throughout Arizona
Arizona Lending Regulations
Arizona is regulated by the Department of Insurance and Financial Institutions (DIFI). Mortgage brokers and bankers must be licensed under the Arizona Revised Statutes. Arizona is a non-judicial foreclosure state with relatively borrower-friendly timelines.
Arizona Non-QM Loan FAQs
Common questions about Non-QM loans in Arizona
Can I use Airbnb income to qualify for a loan in Arizona?
Yes! Many DSCR lenders in Arizona accept short-term rental income from platforms like Airbnb and VRBO. This is especially popular for properties in Scottsdale, Sedona, and other tourist areas.
What down payment do I need for a Non-QM loan in Arizona?
Down payment requirements vary by program. Bank statement loans typically require 10-20% down, DSCR loans usually require 20-25% down, and asset depletion loans may require 20-30% depending on the lender.
Are Non-QM loans available for Arizona vacation homes?
Yes, Non-QM loans are available for second homes and vacation properties in Arizona. Bank statement and asset depletion loans are popular choices for vacation home purchases in Sedona, Flagstaff, and Lake Havasu.
How does Arizona's no income tax affect my qualification?
Arizona's lack of state income tax can help your qualification by increasing your net income. For bank statement loans, your deposits may show higher amounts compared to states with income tax withholding.
Can I get a Non-QM loan for a Phoenix investment property?
Absolutely! DSCR loans are very popular for Phoenix metro investment properties. You can qualify based on the property's rental income, making it easier to build your portfolio without traditional income documentation.
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