DSCR Loans for Washington Real Estate Investors

From Seattle to Spokane, Washington is full of opportunity. DSCR loans help investors buy fast—without tax returns or income docs.

What Is a DSCR Loan?

DSCR stands for Debt Service Coverage Ratio. It’s a loan that qualifies you based on rental income, not your job.

If the property cash flows, you qualify. Simple as that.

Why DSCR Loans Work in Washington

• Fast-Growing Rental Markets
  Seattle, Tacoma, and Bellingham rents are on the rise.

• Ideal for Short-Term Rentals
  Think cabins in Leavenworth or Airbnbs near Mt. Rainier.

• Investor-Friendly for Out-of-State Buyers
  Many investors from California and Texas are moving in.

• No Income Documentation Needed
  Skip the W-2s and tax returns.

DSCR Loan Requirements in Washington State

• DSCR Ratio: Minimum 1.0 to 1.25

• Credit Score: 620+

• Down Payment: 20%+

• Loan Amounts: $100K to $2M+

• Eligible Properties: Single-family, duplexes, triplexes, 4-units, Airbnbs

How to get a DSCR loan in Washington State for Airbnb property

If that’s what you’re searching, here’s how it works:

1. Get a rent estimate or STR appraisal

2. Ensure the income covers the mortgage

3. Meet credit and down payment guidelines

That’s it—no need to show personal income.

Where to Use DSCR Loans in Washington

• Seattle – High rent potential and dense demand

• Spokane – Affordable properties with strong ROI

• Tacoma – Popular for long-term and mid-term rentals

• Bellingham – Short-term rental demand near the water

Whether it’s urban rentals or cozy vacation spots, DSCR loans give you speed and flexibility.