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With its perfect blend of a growing population, limited housing supply, and a booming employment market, Washington offers attractive investment opportunities in the real estate industry. If you’re an investor looking to increase wealth and diversify your portfolio, it’s equally important to secure investment property financing right away.
That said, finding a reliable lending partner isn’t an easy job. It requires extensive search and understanding of the investment loans. PRM Capital offers quick DSCR loans to make your life easy!
PRM Capital doesn’t just provide financing. We also work as your partner committed to understanding your investment goals. This allows us to personalize funding solutions that align with your long-term goals. Whether you’re taking your first real estate project or you have built a name in the industry, PRM Capital is your go-to source for quick and efficient funding.
We have established our name in terms of professionalism, reliability, and a wide range of funding solutions from long-term to short-term bridge loans.
A typical loan features strict lending and qualification criteria. A borrower needs to file personal income, creditworthiness, and employment history. The limited funding increases competition on top of that, making it challenging to secure funds for a project. In most cases, loan applications can lead to unfavorable terms or rejections altogether due to market volatility.
Debt Service Coverage Ratio (DSCR) loans, on the other hand, eliminate the hassle by focusing on a property’s income potential instead of a borrower’s personal income. As an investor, you don’t need verifiable income or high credit scores to qualify for a DSCR loan.
DSCR loan has the following features:
While most lenders assess a property’s income potential against a 1.25 DSCR ratio, PRM Capital approves a loan if it has a 1.0 or higher DSCR ratio. You can secure funding within 30 days of your application and get up to $200 million amount approved. There are no hidden charges and DSCR loan rates are flexible and market-competitive.
Forge a partnership with PRM Capital today by reaching out to us. Schedule a consultation and discover more about our investment property financing solutions in Washington.
Fill out this form to avail our services and our team will contact you shortly with all the required information.
PRM Capital meticulously analyzes each client’s business and investment objectives to craft tailored financial solutions. Our approach prioritizes efficiency and alignment with client goals.
