Dominion Financial Services for Washington investors
Dominion Financial Services is an established lender with comfort on distressed properties and flexibility on borrower credit profiles.
Washington context
Washington no state income tax (helps DSCR cash flow). Seattle tenant protections. Spokane more affordable.
How Dominion Financial Services positions in Washington
Within Washington, Dominion Financial Services competes alongside other DSCR lenders. Dominion Financial Services strengths: experienced underwriting, distressed property comfort. The medium aggregate DSCR economics of Washington create demand for Dominion Financial Services programs in Seattle and Spokane particularly.
City-level coverage in Washington
Dominion Financial Services provides DSCR coverage across Washington metros including Seattle, Spokane, and Tacoma. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Dominion Financial Services program terms apply uniformly across Washington metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $5.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 75% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 7-14 days typical |
| Washington property tax | 1% |
| Washington state income tax | None |
Dominion Financial Services strengths in Washington
- experienced underwriting
- distressed property comfort
- flexible on credit
Ideal borrower: Investor on distressed deals or with credit hair
FAQ
Yes, operates nationally including Washington. Dominion Financial Services is based in Baltimore, MD and operates nationally.
Seattle is the top investor market in Washington and falls within Dominion Financial Services national coverage. Seattle property tax follows the Washington state rate of 1 percent. Dominion Financial Services typically underwrites Seattle acquisitions at standard rate sheets.
Yes. Spokane ranks among the larger Washington investor metros and sees consistent DSCR loan volume from Dominion Financial Services. Submarket variation within Spokane matters for property selection.
Dominion Financial Services applies the same rate sheet across Washington metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Seattle, Spokane, and Tacoma all qualify for the same Dominion Financial Services program.
Dominion Financial Services indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Washington no state income tax (helps DSCR cash flow). Seattle tenant protections. Spokane more affordable. Dominion Financial Services follows standard business-purpose loan structures.
Dominion Financial Services funds fix-and-flip, bridge, rental in Washington.
Washington allows standard DSCR prepay structures; Dominion Financial Services typically uses 3-5 year step down.
Dominion Financial Services typical close: 7-14 days typical.
Bottom line
Washington investors considering Dominion Financial Services should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Dominion Financial Services.