🚀 Real Client Quote: DSCR Investment Purchase in Federal Way, WA!
Looking to add a solid rental property to your portfolio without submitting tax returns or W-2s? Check out this real-time financing quote secured for a single-family rambler acquisition in Federal Way!
Deal Breakdown:
- 🏡 Property Type: Single-Family Rental
- 📍 Location: Federal Way, WA
- 💰 Estimated Value: $485,000
- 💵 Loan Amount: $363,750 (75% LTV)
- 💳 Credit Score: 740
- 📊 DSCR Ratio: 1.0+ (Qualifies on market rental cash flow!)
- ⏱️ Term: 30-Year Fixed Mortgage
- 🔒 Prepayment Penalty: 2-Year
Pricing & Rates:
- 📈 Interest Rate: 6.625%
- 📊 APR: 6.893%
- 📑 Fees: 1% Origination Fee ($0 Discount Points)
Why DSCR Financing Wins in the Puget Sound Market:
- No Debt-to-Income (DTI) Restrictions: Qualify purely based on the property’s rental income potential.
- Fast & Streamlined Closings: Skip traditional income documentation hurdles and close efficiently.
- Scale Faster: Keep your personal financial profile clean while expanding your portfolio.
Targeting your next investment property in King, Pierce, or Snohomish County? Let’s run the cash-flow numbers!
📩 Send a DM to get your custom numbers
📧 Email: tommy@soundlendingteam.com
📞 Call/Text: 206-889-9495