Deephaven Mortgage for Oklahoma 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.
Oklahoma context
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk.
How Deephaven Mortgage positions in Oklahoma
For Oklahoma specifically, Deephaven Mortgage fits investors who match the hard money approach. The high cash flow profile of Oklahoma aggregate makes it a target market for Deephaven Mortgage.
City-level coverage in Oklahoma
Deephaven Mortgage provides DSCR coverage across Oklahoma metros including Oklahoma City, Tulsa, and Norman. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Deephaven Mortgage program terms apply uniformly across Oklahoma 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 |
| Oklahoma property tax | 0.9% |
| Oklahoma state income tax | 4.75% |
Deephaven Mortgage strengths in Oklahoma
- 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 Oklahoma coverage. Deephaven Mortgage is based in an undisclosed location and operates in states not publicly disclosed.
Oklahoma City is the top investor market in Oklahoma and is generally within Deephaven Mortgage states not publicly disclosed footprint. Oklahoma City property tax follows the Oklahoma state rate of 0.9 percent. Deephaven Mortgage typically underwrites Oklahoma City acquisitions at standard rate sheets.
Yes. Tulsa ranks among the larger Oklahoma investor metros and sees consistent DSCR loan volume from Deephaven Mortgage. Submarket variation within Tulsa matters for property selection.
Deephaven Mortgage applies the same rate sheet across Oklahoma metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Oklahoma City, Tulsa, and Norman 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.
Oklahoma low property tax. Strong DSCR cash flow. Tornado risk. Deephaven Mortgage follows standard business-purpose loan structures.
Deephaven Mortgage funds rental DSCR in Oklahoma.
Oklahoma allows standard DSCR prepay structures; Deephaven Mortgage typically uses 3-5 year step down.
Deephaven Mortgage typical close: Not publicly published.
Bottom line
For Oklahoma 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.