A DSCR (Debt Service Coverage Ratio) loan qualifies borrowers based on the rental income of the investment property rather than personal income. No W-2s or tax returns are required. The property's monthly rent must cover the mortgage payment, typically at a ratio of 1.0 or higher.

How fast can I close a DSCR loan?

AllApprovedHere typically closes DSCR rental loans in 21 days or fewer, significantly faster than conventional lenders.

What states does AllApprovedHere lend in?

AllApprovedHere / Barrett Financial Group is licensed to lend in Arizona (AZ), California (CA), Washington (WA), Nevada (NV), and Colorado (CO).

What is the minimum DSCR ratio required?

Most DSCR loan programs require a minimum DSCR ratio of 1.0, meaning the property's rental income must at least cover the monthly mortgage payment. Programs with stronger ratios (1.25+) qualify for better rates and terms.

Do you offer construction loans for ground-up development?

Yes. AllApprovedHere offers ground-up construction loans with up to 90% LTC (Loan-to-Cost), 12-24 month terms, and interest-only draw schedules for residential and commercial development projects.

NMLS #1502253 | Licensed in Washington

Washington Investment Property Loans

DSCR rental loans, construction financing, and fix & flip capital for Washington real estate investors. Licensed in WA — NMLS #1502253.

Get Pre-Approved (602) 628-1231

NMLS #1502253

2-Min Pre-Qual

No Credit Impact

$620K

Median Home Price

Seattle Metro

Very High

Tech Tenant Demand

Seattle & Bellevue

+5.8%

Rent Growth

Year-over-Year

22 Days

Avg. Close Time

Our WA Average

Loan Programs

Washington Investment Loan Programs

Every program available in Washington, tailored for real estate investors.

DSCR Rental Loans

Qualify on rental income — no W-2s or tax returns. Ideal for Seattle, Bellevue, and Tacoma investors.

Construction Loans

New construction financing for Washington builders in Seattle, Tacoma, and Spokane.

Fix & Flip Loans

Fast purchase + rehab financing for Washington flippers in strong appreciation markets.

Local Markets

Washington Markets We Serve

We lend in every major Washington market. Click your city for local rates and programs.

Seattle

King County · $780,000 median

DSCR Rental LoansFix & Flip

Bellevue

King County · $1,100,000 median

DSCR Rental LoansLuxury Fix & Flip

Tacoma

Pierce County · $430,000 median

DSCR Rental LoansFix & Flip

Spokane

Spokane County · $320,000 median

DSCR Rental LoansFix & Flip

Kent

King County · $530,000 median

DSCR Rental LoansFix & Flip

Free Tools

Run Your Washington Numbers

Free calculators and tools built for Washington real estate investors.

DSCR Calculator

Check if your rental qualifies

ARV Estimator

Estimate after-repair value

Construction Estimator

Budget your build costs

Rental Yield Analyzer

Calculate your ROI

View All Tools

FAQ

Washington Investment Loan Questions

Q.Do you lend in Seattle, Bellevue, and Tacoma?

Yes. We lend throughout Washington state including Seattle, Bellevue, Tacoma, Spokane, Kent, Renton, Kirkland, and all other Washington markets.

Q.How does Washington's lack of state income tax affect DSCR loans?

Washington has no state income tax, which means your full rental income counts toward DSCR qualification. This can improve your qualifying ratio compared to high-tax states.

Q.What LTV is available for Washington investment properties?

Most Washington DSCR programs offer up to 75% LTV for purchase and 70% for cash-out refinance. Seattle-area properties with strong DSCR ratios may qualify for higher LTVs.

Q.Can I use a DSCR loan for a Seattle multi-family property?

Yes. We lend on 1-4 unit residential investment properties and 5-8 unit small multifamily throughout Washington. Seattle duplexes and fourplexes are among our most common loan types.

Q.How fast can you close a Washington investment property loan?

Our average close time in Washington is 22 days for DSCR loans and 14–16 days for fix & flip loans. Complex title situations in Seattle can add a few days.

Licensed in Washington · NMLS #1502253

Ready to Fund Your Washington Deal?

Get pre-qualified in 2 minutes. No credit pull, no commitment. Our Washington-licensed loan officers are ready.

Get Pre-Approved (602) 628-1231