Park Place Finance for Washington 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.
Washington context
Washington no state income tax (helps DSCR cash flow). Seattle tenant protections. Spokane more affordable.
How Park Place Finance positions in Washington
Within Washington, Park Place Finance competes alongside other DSCR lenders. Park Place Finance strengths: Direct DSCR lender, 640 minimum credit score. The medium aggregate DSCR economics of Washington create demand for Park Place Finance programs in Seattle and Spokane particularly.
City-level coverage in Washington
Park Place Finance provides DSCR coverage across Washington metros including Seattle, Spokane, and Tacoma. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Park Place Finance program terms apply uniformly across Washington 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 |
| Washington property tax | 1% |
| Washington state income tax | None |
Park Place Finance strengths in Washington
- 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 Washington coverage. Park Place Finance is based in an undisclosed location and operates in most states.
Seattle is the top investor market in Washington and is generally within Park Place Finance most states footprint. Seattle property tax follows the Washington state rate of 1 percent. Park Place Finance typically underwrites Seattle acquisitions at standard rate sheets.
Yes. Spokane ranks among the larger Washington investor metros and sees consistent DSCR loan volume from Park Place Finance. Submarket variation within Spokane matters for property selection.
Park Place Finance 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 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.
Washington no state income tax (helps DSCR cash flow). Seattle tenant protections. Spokane more affordable. Park Place Finance follows standard business-purpose loan structures.
Park Place Finance funds rental DSCR in Washington.
Washington 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
Washington 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.