Requirements
Deephaven Mortgage lending requirements
The published qualifying criteria for Deephaven Mortgage — the thresholds a deal is screened against before anything else about it matters. Verified Sep 17, 2026.
Minimum credit score
660
Deephaven Mortgage sets its credit floor at 660. A borrower scoring below that is not eligible for this program, independent of how the property itself cash-flows.
Minimum DSCR
1.00
A 1.00 floor means rent has to at least equal the full monthly payment. A property renting for $1,900 against a $2,000 payment — a 0.95 DSCR — falls short and does not qualify here, even though it would clear a program with a floor below 1.00. See How DSCR is calculated.
Maximum leverage
80% LTV / 80% LTC
Maximum loan-to-value is 80% of the property's appraised value — the borrower brings at least 20% of value in cash or equity. Maximum loan-to-cost is 80% of total project cost — purchase price plus rehab budget. That is the binding number on a value-add deal where the finished value will exceed the purchase price, since an LTV cap alone would understate what Deephaven Mortgage will actually lend against the project.
Loan size
$2,000,000
Loan sizes run up to $2,000,000; the record reviewed for Deephaven Mortgage does not report a stated minimum.
Origination channel
Broker only
Deephaven Mortgage originates exclusively through mortgage brokers; a borrower cannot apply to Deephaven Mortgage directly.
Reading these thresholds together
Deephaven Mortgage publishes 5 of the 7 criteria categories this directory tracks (credit score, DSCR, leverage, loan size, entity requirement, origination channel, and state coverage). Any category not shown above is not publicly disclosed by Deephaven Mortgage as of Sep 17, 2026 — treat an absent category as unknown, not as "no requirement."
None of these thresholds are guarantees. A deal that clears every published floor still goes through underwriting on the specific property, borrower history, and documentation and entity structure . These are the gates a deal has to clear before that review even starts.