Illustrative Scenario: An Out-of-State Investor Closes on a Scottsdale Rental Remotely
“Robert” is a composite, hypothetical borrower profile — not a real, identified customer.
Robert lives in Seattle and had never set foot in the Scottsdale property he wanted to buy before closing. He worried a lender would require an in-person closing.
Illustrative process
In this hypothetical scenario, the matched lender was set up for remote online notarization and mail-away closing, which let Robert sign documents from Washington while a local title company handled the Arizona-side closing logistics.
Why DSCR fit an out-of-state buyer
Because the loan was evaluated on the property's projected rent rather than Robert needing to demonstrate local employment or ties, the out-of-state nature of the purchase wasn't a significant obstacle in this illustrative example.
Illustrative outcome
The hypothetical closing took a few weeks from application to funding, with Robert never visiting the property in person before closing (though a local inspector and appraiser did). Actual timelines vary by lender, title company, and market conditions.
Get matched with a Scottsdale DSCR lender experienced with remote, out-of-state closings.