Deephaven Mortgage for Maine investors
Deephaven Mortgage is a broker-only DSCR lender with a 660 minimum credit score and a firm 1.00 minimum DSCR. Maximum loan size is $2,000,000, with maximum LTV of 80% on purchase/rate-term and 70% on cash-out refinance. The company does not publish minimum loan size, rate, or state-coverage figures in the sources reviewed.
Maine context
Maine seasonal rental market. Coastal STR potential.
How Deephaven Mortgage positions in Maine
For Maine specifically, Deephaven Mortgage fits investors who match the hard money approach. The medium cash flow profile of Maine aggregate makes it workable for Deephaven Mortgage.
City-level coverage in Maine
Deephaven Mortgage provides DSCR coverage across Maine metros including Portland, Bangor, and Maine. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Deephaven Mortgage 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 | — - $2.0M |
| 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% |
Deephaven Mortgage strengths in Maine
- 1.00 minimum DSCR
- Broker-only origination
- Maximum loan size $2,000,000
- 70% LTV on cash-out refinance
Ideal borrower: Broker-originated borrower with a fully qualifying 1.00+ DSCR.
FAQ
Likely; verify direct Maine coverage. Deephaven Mortgage is based in an undisclosed location and operates in states not publicly disclosed.
Portland is the top investor market in Maine and is generally within Deephaven Mortgage states not publicly disclosed footprint. Portland property tax follows the Maine state rate of 1.2 percent. Deephaven Mortgage typically underwrites Portland acquisitions at standard rate sheets.
Yes. Bangor ranks among the larger Maine investor metros and sees consistent DSCR loan volume from Deephaven Mortgage. Submarket variation within Bangor matters for property selection.
Deephaven Mortgage 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 Deephaven Mortgage program.
Deephaven Mortgage 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. Deephaven Mortgage follows standard business-purpose loan structures.
Deephaven Mortgage funds rental DSCR in Maine.
Maine allows standard DSCR prepay structures; Deephaven Mortgage typically uses 3-5 year step down.
Deephaven Mortgage typical close: Not publicly published.
Bottom line
For Maine DSCR borrowers, Deephaven Mortgage is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Deephaven Mortgage.