DSCR Loans in King County, Washington
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 242 lenders made 2,942 investment-property loans in King County, 29.6% of Washington's total. Dominick Prevete arranges DSCR loans across King County, Washington, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $505,000.
King County investor market at a glance
| Statistic | King County | Washington | County rank |
|---|---|---|---|
| Investor loans | 2,942 | 9,950 | 1st of 17 |
| Reporting lenders | 242 | 382 | 1st of 17 |
| Loan volume | $1.90B | $4.66B | 1st of 17 |
| Average loan | $645K | $468K | 1st of 17 |
| Median loan | $525K | $395K | 1st of 17 |
| Purchases | 54.0% | 53.8% | 12th of 17 |
| Cash-out refinances | 18.7% | 18.8% | 11th of 17 |
| 2–4 unit properties | 8.2% | 13.9% | 16th of 17 |
| Top five lenders' share | 20.1% | 20.1% | 17th of 17 |
| Reported business-purpose | 73.9% | 74.8% | 10th of 17 |
King County: closed-end loans on 1–4 unit investment properties. King County's rank is highest first, among Washington's counties with at least 100 investor loans and 25 reporting lenders. Shares are of King County's investor loans.
What stands out in King County
The average investor loan in King County was $645K, the highest average of Washington's 17 counties with published data (statewide: $468K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
The five most active lenders wrote 20.1% of King County's investor loans, the lowest share of Washington's 17 counties with published data (statewide: 20.1%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
8.2% of King County's investor loans financed a 2–4 unit property, the 2nd-lowest share of Washington's 17 counties with published data (statewide: 13.9%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
Does a DSCR loan pencil in King County?
At HUD's fair market rent of $3,324 for a 3-bedroom in King County, Washington, a rental covers its full DSCR payment up to a purchase price of about $505,000, with 20% down at the 7.25% starting rate (November 2026). King County's median home value is $859,900; at that price the payment is $5,644 a month, so the property would need $5,650 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $2,549 / $3,324 / $3,954 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $859,900 |
| Median property taxes and effective rate | $7,114 (0.83% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $5,644 |
| Rent needed to cover that payment | $5,650 |
| Coverage of a 3-bedroom at fair market rent | 0.59 |
| Highest price a 3-bedroom at fair market rent covers | about $505,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run King County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in King County?
The most active investment-property lenders in King County in 2025 HMDA data were Eastside Funding LLC; THE LOAN STORE, INC.; and PENNYMAC LOAN SERVICES, LLC, out of 242 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including two that reported in King County, and matches each file to the one most likely to fund it.
King County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,942 loans and $1.90B from 242 lenders. Eastside Funding LLC led King County with 183 loans, 6.2% of the county's total, and the average King County loan of $645K compares with $468K across Washington.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Eastside Funding LLC | 183 | $95.0M | $519K | 72.7% |
| THE LOAN STORE, INC. | 113 | $59.2M | $524K | 39.8% |
| PENNYMAC LOAN SERVICES, LLC | 103 | $57.1M | $554K | 57.3% |
| Rocket Mortgage, LLC | 97 | $50.7M | $522K | 54.6% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 94 | $44.6M | $475K | 33.0% |
| Genesis Capital, LLC | 93 | $201.3M | $2165K | 58.1% |
| CONVENTUS LLC | 89 | $81.6M | $917K | 58.4% |
| CROSSCOUNTRY MORTGAGE, INC. | 89 | $55.2M | $621K | 67.4% |
| East West Bank | 74 | $45.6M | $617K | 75.7% |
| General Mortgage Capital Corporation | 73 | $41.0M | $561K | 43.8% |
| MOVEMENT MORTGAGE, LLC | 70 | $33.0M | $472K | 54.3% |
| Kiavi Funding, Inc. | 65 | $46.2M | $711K | 90.8% |
| JPMorgan Chase Bank, National Association | 62 | $42.2M | $680K | 58.1% |
| CMG MORTGAGE, INC. | 57 | $32.2M | $566K | 56.1% |
| U.S. Bank National Association | 56 | $32.8M | $586K | 51.8% |
| MERCHANTS MORTGAGE & TRUST CORPORATION, LLC | 49 | $31.2M | $636K | 79.6% |
| AMWEST FUNDING CORP. | 49 | $27.5M | $561K | 46.9% |
| SAMMAMISH MORTGAGE COMPANY | 48 | $28.2M | $587K | 75.0% |
| NexBank | 42 | $31.4M | $749K | 40.5% |
| 1st Security Bank of Washington | 42 | $22.9M | $544K | 61.9% |
| CHAMPIONS FUNDING, LLC | 41 | $27.3M | $667K | 43.9% |
| NEWREZ LLC | 36 | $18.9M | $524K | 52.8% |
| GUILD MORTGAGE COMPANY | 36 | $16.0M | $444K | 61.1% |
| Wells Fargo Bank, National Association | 35 | $23.6M | $675K | 68.6% |
| Loandepot.Com, LLC | 35 | $20.9M | $597K | 45.7% |
505 Washington loans (5.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for King County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · King County CSV, all 25 lenders
What King County's table can't show you: fit. Short-term financing is exempt from HMDA, so King County's fix-and-flip and bridge lenders barely appear among its 242 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your King County, Washington deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a King County, Washington property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — King County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 242 lenders and 2,942 loans: 2025 HMDA loan-level data rolled up to King County.
- King County investor-lender dataset (CSV) — All 25 lenders in the King County, Washington table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — King County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Seattle-Bellevue, WA HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — King County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.