New Silver for Mississippi investors
New Silver is a tech-forward non-QM lender with fast underwriting and accessible minimum loan sizes that suit newer investors.
Mississippi context
Mississippi deep cash flow market. Gulf Coast STR active.
How New Silver positions in Mississippi
The Mississippi lender pool for DSCR includes New Silver among the active platforms. Mississippi top metros (Jackson, Gulfport, Hattiesburg) see meaningful New Silver loan volume.
City-level coverage in Mississippi
New Silver provides DSCR coverage across Mississippi metros including Jackson, Gulfport, and Hattiesburg. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. New Silver program terms apply uniformly across Mississippi metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Loan size | $100K - $3.0M |
| Rates | 9.5%-11.75% |
| Points | 1 - 3 |
| Max LTV | 85% of ARV |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 5-14 days typical |
| Mississippi property tax | 0.8% |
| Mississippi state income tax | 4.7% |
New Silver strengths in Mississippi
- tech-driven fast underwriting
- low minimum loan sizes
- BRRRR-friendly
Ideal borrower: Newer-to-mid investor with smaller deal sizes
FAQ
Yes, operates nationally including Mississippi. New Silver is based in West Hartford, CT and operates nationally.
Jackson is the top investor market in Mississippi and falls within New Silver national coverage. Jackson property tax follows the Mississippi state rate of 0.8 percent. New Silver typically underwrites Jackson acquisitions at standard rate sheets.
Yes. Gulfport ranks among the larger Mississippi investor metros and sees consistent DSCR loan volume from New Silver. Submarket variation within Gulfport matters for property selection.
New Silver 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 New Silver program.
New Silver indicative DSCR rate range is 9.5 to 11.75 percent with 1 to 3 points.
Mississippi deep cash flow market. Gulf Coast STR active. New Silver follows standard business-purpose loan structures.
New Silver funds fix-and-flip, BRRRR, rental, bridge in Mississippi.
Mississippi allows standard DSCR prepay structures; New Silver typically uses 3-5 year step down.
New Silver typical close: 5-14 days typical.
Bottom line
Mississippi investors considering New Silver should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with New Silver.