CoreVest Finance for Massachusetts 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.
Massachusetts context
Massachusetts triple-decker market produces multi-unit DSCR economics. Boston DSCR tight.
How CoreVest Finance positions in Massachusetts
Within Massachusetts, CoreVest Finance competes alongside other DSCR lenders. CoreVest Finance strengths: Portfolio and blanket loan specialist, Direct lender. The low aggregate DSCR economics of Massachusetts create demand for CoreVest Finance programs in Boston and Worcester particularly.
City-level coverage in Massachusetts
CoreVest Finance provides DSCR coverage across Massachusetts metros including Boston, Worcester, and Springfield. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. CoreVest Finance program terms apply uniformly across Massachusetts 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 |
| Massachusetts property tax | 1.2% |
| Massachusetts state income tax | 9% |
CoreVest Finance strengths in Massachusetts
- 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 Massachusetts. CoreVest Finance is based in an undisclosed location and operates nationally.
Boston is the top investor market in Massachusetts and falls within CoreVest Finance national coverage. Boston property tax follows the Massachusetts state rate of 1.2 percent. CoreVest Finance typically underwrites Boston acquisitions at standard rate sheets.
Yes. Worcester ranks among the larger Massachusetts investor metros and sees consistent DSCR loan volume from CoreVest Finance. Submarket variation within Worcester matters for property selection.
CoreVest Finance applies the same rate sheet across Massachusetts metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Boston, Worcester, and Springfield 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.
Massachusetts triple-decker market produces multi-unit DSCR economics. Boston DSCR tight. CoreVest Finance follows standard business-purpose loan structures.
CoreVest Finance funds rental DSCR in Massachusetts.
Massachusetts allows standard DSCR prepay structures; CoreVest Finance typically uses 3-5 year step down.
CoreVest Finance typical close: Not publicly published.
Bottom line
Massachusetts 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.