Deephaven Mortgage for Vermont 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.
Vermont context
Vermont ski STR (Stowe, Killington). DSCR tight on acquisition prices.
How Deephaven Mortgage positions in Vermont
Within Vermont, Deephaven Mortgage competes alongside other DSCR lenders. Deephaven Mortgage strengths: 1.00 minimum DSCR, Broker-only origination. The low aggregate DSCR economics of Vermont create demand for Deephaven Mortgage programs in Burlington and Montpelier particularly.
City-level coverage in Vermont
Deephaven Mortgage provides DSCR coverage across Vermont metros including Burlington, Montpelier, and Vermont. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Deephaven Mortgage program terms apply uniformly across Vermont 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 |
| Vermont property tax | 1.8% |
| Vermont state income tax | 8.75% |
Deephaven Mortgage strengths in Vermont
- 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 Vermont coverage. Deephaven Mortgage is based in an undisclosed location and operates in states not publicly disclosed.
Burlington is the top investor market in Vermont and is generally within Deephaven Mortgage states not publicly disclosed footprint. Burlington property tax follows the Vermont state rate of 1.8 percent. Deephaven Mortgage typically underwrites Burlington acquisitions at standard rate sheets.
Yes. Montpelier ranks among the larger Vermont investor metros and sees consistent DSCR loan volume from Deephaven Mortgage. Submarket variation within Montpelier matters for property selection.
Deephaven Mortgage applies the same rate sheet across Vermont metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Burlington, Montpelier, and Vermont 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.
Vermont ski STR (Stowe, Killington). DSCR tight on acquisition prices. Deephaven Mortgage follows standard business-purpose loan structures.
Deephaven Mortgage funds rental DSCR in Vermont.
Vermont allows standard DSCR prepay structures; Deephaven Mortgage typically uses 3-5 year step down.
Deephaven Mortgage typical close: Not publicly published.
Bottom line
For Vermont 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.