CoreVest Finance for Maine investors
CoreVest Finance is a direct DSCR lender specializing in portfolio and blanket loans across multiple properties. Minimum credit score is 620 with a 0.80 minimum DSCR. Loan sizes run $75,000 to $3,000,000 with a maximum 80% LTV. Licensed in 46 states.
Maine context
Maine seasonal rental market. Coastal STR potential.
How CoreVest Finance positions in Maine
The Maine lender pool for DSCR includes CoreVest Finance among the active platforms. Maine top metros (Portland, Bangor, Maine) see meaningful CoreVest Finance loan volume.
City-level coverage in Maine
CoreVest Finance provides DSCR coverage across Maine metros including Portland, Bangor, and Maine. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. CoreVest Finance program terms apply uniformly across Maine metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | $75K - $3.0M |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Maine property tax | 1.2% |
| Maine state income tax | 7.15% |
CoreVest Finance strengths in Maine
- Portfolio and blanket loan specialist
- Direct lender
- Licensed in 46 states
- Loan sizes from $75K to $3M
Ideal borrower: Investor financing a multi-property portfolio or blanket loan rather than a single asset.
FAQ
Yes, operates nationally including Maine. CoreVest Finance is based in an undisclosed location and operates nationally.
Portland is the top investor market in Maine and falls within CoreVest Finance national coverage. Portland property tax follows the Maine state rate of 1.2 percent. CoreVest Finance typically underwrites Portland acquisitions at standard rate sheets.
Yes. Bangor ranks among the larger Maine investor metros and sees consistent DSCR loan volume from CoreVest Finance. Submarket variation within Bangor matters for property selection.
CoreVest Finance applies the same rate sheet across Maine metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Portland, Bangor, and Maine all qualify for the same CoreVest Finance program.
CoreVest Finance does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Maine seasonal rental market. Coastal STR potential. CoreVest Finance follows standard business-purpose loan structures.
CoreVest Finance funds rental DSCR in Maine.
Maine allows standard DSCR prepay structures; CoreVest Finance typically uses 3-5 year step down.
CoreVest Finance typical close: Not publicly published.
Bottom line
Maine investors considering CoreVest Finance should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with CoreVest Finance.