Park Place Finance for Connecticut investors
Park Place Finance is a direct DSCR lender licensed in most states with a 640 minimum credit score. The company does not publish minimum DSCR, loan size, LTV, or rate figures in the sources reviewed.
Connecticut context
Connecticut property tax burden is among highest in nation. DSCR tight outside Hartford and New Haven multi-unit submarkets.
How Park Place Finance positions in Connecticut
Connecticut is well covered by national DSCR lenders, with Park Place Finance as one option. Where Park Place Finance differentiates: Direct DSCR lender. Where it competes: rates not publicly published against peer programs.
City-level coverage in Connecticut
Park Place Finance provides DSCR coverage across Connecticut metros including Hartford, Bridgeport, and New Haven. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Park Place Finance program terms apply uniformly across Connecticut metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | Not publicly published |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Connecticut property tax | 2% |
| Connecticut state income tax | 7% |
Park Place Finance strengths in Connecticut
- Direct DSCR lender
- 640 minimum credit score
- Licensed in most states
Ideal borrower: Investor with a 640+ credit score seeking a direct DSCR lender with broad state coverage.
FAQ
Likely; verify direct Connecticut coverage. Park Place Finance is based in an undisclosed location and operates in most states.
Hartford is the top investor market in Connecticut and is generally within Park Place Finance most states footprint. Hartford property tax follows the Connecticut state rate of 2 percent. Park Place Finance typically underwrites Hartford acquisitions at standard rate sheets.
Yes. Bridgeport ranks among the larger Connecticut investor metros and sees consistent DSCR loan volume from Park Place Finance. Submarket variation within Bridgeport matters for property selection.
Park Place Finance applies the same rate sheet across Connecticut metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Hartford, Bridgeport, and New Haven all qualify for the same Park Place Finance program.
Park Place Finance does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Connecticut property tax burden is among highest in nation. DSCR tight outside Hartford and New Haven multi-unit submarkets. Park Place Finance follows standard business-purpose loan structures.
Park Place Finance funds rental DSCR in Connecticut.
Connecticut allows standard DSCR prepay structures; Park Place Finance typically uses 3-5 year step down.
Park Place Finance typical close: Not publicly published.
Bottom line
Connecticut investors considering Park Place Finance should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Park Place Finance.