Conventus for Mississippi investors
Conventus is a direct DSCR lender with a short-term rental underwriting focus, licensed in California plus 44 other states (45 total). The company does not publish minimum credit score, DSCR, loan size, or rate figures in the sources reviewed; borrowers should request current terms directly.
Mississippi context
Mississippi deep cash flow market. Gulf Coast STR active.
How Conventus positions in Mississippi
For Mississippi specifically, Conventus fits investors who match the hard money approach. The high cash flow profile of Mississippi aggregate makes it a target market for Conventus.
City-level coverage in Mississippi
Conventus provides DSCR coverage across Mississippi metros including Jackson, Gulfport, and Hattiesburg. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Conventus program terms apply uniformly across Mississippi metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR, STR 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 |
| Mississippi property tax | 0.8% |
| Mississippi state income tax | 4.7% |
Conventus strengths in Mississippi
- Short-term rental DSCR underwriting focus
- Direct lender
- Licensed in California plus 44 other states (45 total)
Ideal borrower: Short-term rental investor seeking a DSCR lender that specializes in STR underwriting.
FAQ
Yes, operates nationally including Mississippi. Conventus is based in an undisclosed location and operates nationally.
Jackson is the top investor market in Mississippi and falls within Conventus national coverage. Jackson property tax follows the Mississippi state rate of 0.8 percent. Conventus typically underwrites Jackson acquisitions at standard rate sheets.
Yes. Gulfport ranks among the larger Mississippi investor metros and sees consistent DSCR loan volume from Conventus. Submarket variation within Gulfport matters for property selection.
Conventus applies the same rate sheet across Mississippi metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Jackson, Gulfport, and Hattiesburg all qualify for the same Conventus program.
Conventus does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Mississippi deep cash flow market. Gulf Coast STR active. Conventus follows standard business-purpose loan structures.
Conventus funds rental DSCR, STR DSCR in Mississippi.
Mississippi allows standard DSCR prepay structures; Conventus typically uses 3-5 year step down.
Conventus typical close: Not publicly published.
Bottom line
Conventus in Mississippi works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Conventus.