DSCR Loans in Snohomish County, Washington
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 162 lenders made 1,105 investment-property loans in Snohomish County, 11.1% of Washington's total. Dominick Prevete arranges DSCR loans across Snohomish 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 $510,000.
Snohomish County investor market at a glance
| Statistic | Snohomish County | Washington | County rank |
|---|---|---|---|
| Investor loans | 1,105 | 9,950 | 3rd of 17 |
| Reporting lenders | 162 | 382 | 3rd of 17 |
| Loan volume | $558.3M | $4.66B | 2nd of 17 |
| Average loan | $505K | $468K | 2nd of 17 |
| Median loan | $485K | $395K | 2nd of 17 |
| Purchases | 58.9% | 53.8% | 5th of 17 |
| Cash-out refinances | 14.5% | 18.8% | 16th of 17 |
| 2–4 unit properties | 11.6% | 13.9% | 14th of 17 |
| Top five lenders' share | 25.3% | 20.1% | 14th of 17 |
| Reported business-purpose | 72.2% | 74.8% | 12th of 17 |
Snohomish County: closed-end loans on 1–4 unit investment properties. Snohomish County's rank is highest first, among Washington's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Snohomish County's investor loans.
What stands out in Snohomish County
The median investor loan in Snohomish County was $485K, the 2nd-highest median of Washington's 17 counties with published data (statewide: $395K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
14.5% of Snohomish County's investor loans were cash-out refinances, the 2nd-lowest share of Washington's 17 counties with published data (statewide: 18.8%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
11.6% of Snohomish County's investor loans financed a 2–4 unit property, the 4th-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 Snohomish County?
At HUD's fair market rent of $3,324 for a 3-bedroom in Snohomish County, Washington, a rental covers its full DSCR payment up to a purchase price of about $510,000, with 20% down at the 7.25% starting rate (November 2026). Snohomish County's median home value is $696,000; at that price the payment is $4,535 a month, so the property would need $4,550 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) | $696,000 |
| Median property taxes and effective rate | $5,364 (0.77% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $4,535 |
| Rent needed to cover that payment | $4,550 |
| Coverage of a 3-bedroom at fair market rent | 0.73 |
| Highest price a 3-bedroom at fair market rent covers | about $510,000 |
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 Snohomish County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Snohomish County?
The most active investment-property lenders in Snohomish County in 2025 HMDA data were Eastside Funding LLC; DHI MORTGAGE COMPANY, LTD.; and THE LOAN STORE, INC., out of 162 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 one that reported in Snohomish County, and matches each file to the one most likely to fund it.
Snohomish County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 1,105 loans and $558.3M from 162 lenders. Eastside Funding LLC led Snohomish County with 78 loans, 7.1% of the county's total, and the average Snohomish County loan of $505K compares with $468K across Washington.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Eastside Funding LLC | 78 | $29.4M | $377K | 73.1% |
| DHI MORTGAGE COMPANY, LTD. | 64 | $31.8M | $496K | 100.0% |
| THE LOAN STORE, INC. | 58 | $28.8M | $496K | 46.6% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 42 | $19.6M | $467K | 33.3% |
| PENNYMAC LOAN SERVICES, LLC | 38 | $21.8M | $574K | 55.3% |
| CMG MORTGAGE, INC. | 33 | $15.9M | $483K | 63.6% |
| MERCHANTS MORTGAGE & TRUST CORPORATION, LLC | 29 | $17.7M | $611K | 96.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 28 | $15.8M | $563K | 75.0% |
| MOVEMENT MORTGAGE, LLC | 26 | $11.8M | $455K | 61.5% |
| Kiavi Funding, Inc. | 25 | $13.5M | $539K | 100.0% |
| U.S. Bank National Association | 25 | $13.5M | $539K | 52.0% |
| JPMorgan Chase Bank, National Association | 23 | $11.7M | $509K | 60.9% |
| Rocket Mortgage, LLC | 21 | $10.6M | $503K | 66.7% |
| NEWREZ LLC | 21 | $8.8M | $417K | 42.9% |
| RAIN CITY CAPITAL, LLC | 19 | $15.3M | $806K | 0.0% |
| NexBank | 19 | $10.7M | $565K | 36.8% |
| General Mortgage Capital Corporation | 18 | $8.6M | $479K | 38.9% |
| Boeing Employees Credit Union | 18 | $8.6M | $476K | 61.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 17 | $8.2M | $485K | 76.5% |
| Loandepot.Com, LLC | 15 | $7.5M | $498K | 66.7% |
| NFM, INC. | 14 | $6.5M | $462K | 35.7% |
| GUILD MORTGAGE COMPANY | 14 | $5.8M | $412K | 35.7% |
| KIND LENDING, LLC | 12 | $6.4M | $537K | 33.3% |
| GUARANTEED RATE, INC. | 12 | $5.3M | $445K | 41.7% |
| BETTER MORTGAGE CORPORATION | 12 | $4.6M | $385K | 41.7% |
505 Washington loans (5.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Snohomish County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Snohomish County CSV, all 25 lenders
What Snohomish County's table can't show you: fit. Short-term financing is exempt from HMDA, so Snohomish County's fix-and-flip and bridge lenders barely appear among its 162 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 Snohomish County, Washington deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Snohomish 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 — Snohomish County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 162 lenders and 1,105 loans: 2025 HMDA loan-level data rolled up to Snohomish County.
- Snohomish County investor-lender dataset (CSV) — All 25 lenders in the Snohomish County, Washington table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Snohomish 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 — Snohomish 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.