Here’s a real, competitive DSCR mortgage quote secured for a real estate investor purchasing a single-family rental property in Tacoma, Washington. Debt Service Coverage Ratio (DSCR) loans allow real estate investors to qualify for long-term financing based solely on the property’s rental income potential; no tax returns, W-2s, or personal income verification required.
Transaction Breakdown & Terms:
- Property Type: Single-Family Rental (Investment Property)
- Location: Tacoma, Pierce County, WA
- Estimated Value: $475,000
- Loan Amount: $380,000 (80% LTV)
- Credit Score: 775
- DSCR Ratio: 1.0+ (Property rental income fully covers PITI)
- Interest Rate: 6.999%
- APR: 7.377%
- Term: 30-Year Fixed Mortgage
- Prepayment Penalty: 2-Year
- Lender Fees: 1% Origination Fee ($0 Discount Points)
Why DSCR Financing Works for Tacoma Real Estate Investors
Tacoma and the broader Pacific Northwest market offer strong rental demand. Whether you are buying your first investment property or expanding an existing portfolio, DSCR loans offer a streamlined path to closing.
- No Personal Income Docs: Qualify using gross market rent instead of personal debt-to-income (DTI) calculations.
- Maximum Leverage: Up to 80% LTV on purchases gives you maximum capital efficiency to acquire properties.
- Competitive Pricing: Transparent terms with zero discount points and standard 1% origination fees.
Get Your Custom DSCR Rate Quote
Targeting an investment property in Tacoma, Seattle, or anywhere across Washington state? Rates and terms adjust based on loan-to-value, credit profile, and property cash flow.
Contact Tommy Kwong at Sound Lending Team today to get a personalized DSCR quote for your next deal.
📞 Call/Text: 206-889-9495
📧 Email: tommy@soundlendingteam.com
🌐 NMLS# 2068426 | Sound Lending Team, LLC NMLS# 2451903