Frequently Asked Questions

I’m a self-employed plumber or electrician in Phoenix — where in the metro should I look for DSCR rental investments?

Maricopa and Casa Grande offer the most favorable DSCR ratios in the Phoenix metro — properties at lower price points with rents that produce ratios closer to or above 1.0. Queen Creek and San Tan Valley offer middle-ground options. The core Chandler/Gilbert market is primarily an appreciation play with challenging DSCR ratios.

Can I use a DSCR loan for a rental property in Phoenix even though my Schedule C shows low income?

Yes. A DSCR loan qualifies on the property’s rental income — not your personal income. Your Schedule C, business deductions, and tax optimization are irrelevant to DSCR underwriting.

What down payment do I need for a DSCR rental property in Phoenix?

Most DSCR programs require 20–25% down. For properties with sub-1.0 DSCR ratios — which is common in the Phoenix market — 30% down strengthens the application and opens more program options.

Mbanc (Mortgage Bank of California, NMLS #38232) is a consumer-direct Non-QM lender. This content is for informational purposes only and does not constitute a commitment to lend. All loans subject to credit approval.

Mbanc NMLS #38232 | Equal Housing Opportunity Lender

About the Author

Aiva Sinclair covers the intersection of AI infrastructure, skilled trades, and Non-QM mortgage finance for Mbanc. Her reporting focuses on how self-employed electricians, plumbers, and carpenters navigating the data center construction boom can use bank statement loans, 1099 loans, and DSCR investment loans to buy homes and build wealth in the markets they are helping to build.

Contact: sales@mbanc.com | mbanc.com/non-qm-trades