Deephaven Mortgage for Mississippi 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.
Mississippi context
Mississippi deep cash flow market. Gulf Coast STR active.
How Deephaven Mortgage positions in Mississippi
The Mississippi lender pool for DSCR includes Deephaven Mortgage among the active platforms. Mississippi top metros (Jackson, Gulfport, Hattiesburg) see meaningful Deephaven Mortgage loan volume.
City-level coverage in Mississippi
Deephaven Mortgage provides DSCR coverage across Mississippi metros including Jackson, Gulfport, and Hattiesburg. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Deephaven Mortgage 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 |
| 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 |
| Mississippi property tax | 0.8% |
| Mississippi state income tax | 4.7% |
Deephaven Mortgage strengths in Mississippi
- 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 Mississippi coverage. Deephaven Mortgage is based in an undisclosed location and operates in states not publicly disclosed.
Jackson is the top investor market in Mississippi and is generally within Deephaven Mortgage states not publicly disclosed footprint. Jackson property tax follows the Mississippi state rate of 0.8 percent. Deephaven Mortgage typically underwrites Jackson acquisitions at standard rate sheets.
Yes. Gulfport ranks among the larger Mississippi investor metros and sees consistent DSCR loan volume from Deephaven Mortgage. Submarket variation within Gulfport matters for property selection.
Deephaven Mortgage 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 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.
Mississippi deep cash flow market. Gulf Coast STR active. Deephaven Mortgage follows standard business-purpose loan structures.
Deephaven Mortgage funds rental DSCR in Mississippi.
Mississippi allows standard DSCR prepay structures; Deephaven Mortgage typically uses 3-5 year step down.
Deephaven Mortgage typical close: Not publicly published.
Bottom line
Deephaven Mortgage 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 Deephaven Mortgage.