Recently Funded DSCR Loan In Snowflake, Arizona
Loan Scenario:
American Heritage Lending funded a $636,000 DSCR cash-out refinance on an attached property in Snowflake, Arizona, letting an experienced investor pull substantial equity from a high-value rental. The property appraised at $1,060,000, so the loan closed at 60% loan-to-value on a 30-Year term — conservative leverage that leaves a large equity cushion in place.
The rent covers the note at a 1.114 DSCR, coverage that carries the debt on a sizable balance while the investor frees up capital to redeploy. Qualification came from the property’s rental income rather than the borrower’s personal earnings, so even at this loan size there were no tax returns or work papers to produce. A fixed 30-year structure keeps the payment predictable across the hold.
Snowflake sits in Navajo County in Arizona’s White Mountains, a high-country town founded by Mormon pioneers and named for settlers Erastus Snow and William Flake. The local economy blends ranching and agriculture with energy: the Snowflake White Mountain biomass power plant burns forest and wood waste for electricity, and the area long anchored a large paper mill before its closure. Just up the road, Show Low and the surrounding Pinetop-Lakeside recreation corridor draw summer visitors and retirees escaping the Phoenix and Tucson heat, supporting demand for housing across the region. The nearby Sitgreaves National Forest, Silver Creek, and the town’s ties to sister community Taylor round out a rural economy that keeps drawing people who want land and elevation. Cooler summers and small-town value keep the White Mountains attractive to renters and second-home seekers alike, well outside the price pressure of Arizona’s big metros.
Overall, this deal shows how American Heritage Lending backs investors with practical DSCR financing. Conservative leverage, income-qualified underwriting, and a fixed payment give an experienced operator usable equity and a clean way to keep a high-value rental working in a distinctive mountain market.
Similar Recently Funded Case Studies: DSCR Loan in Indiantown, FL • DSCR Loan in Warner Robins, GA • DSCR Loan in Lemon Grove, CA
Key Deal Points
| Address | Snowflake, AZ |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Attached |
| Appraised Value | $1,060,000 |
| Loan Amount | $636,000 |
| Loan To Value (LTV) | 60% |
| DSCR | 1.114 |
| Loan Term | 30-Year |
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