DSCR LOANS · Vermont (VT) Underwriting Matrix · Stephen R. Mannenbach, J.D., MBA

Vermont DSCR Rental Loans (1–4, 5–8, 5–9, 5–10, 5–25 & 5+ Units) — 2026 Rates, LTV Caps & State Rules

Vermont DSCR Loans provide business-purpose real estate investors with Up to 80% LTV Purchase / 75% Cash-Out across loan amounts from $100,000 – $15,000,000+ at 6.375% – 8.25% (Wholesale Tier Dependent) (30-Yr Fixed, 5/1 & 7/1 ARM, 10-Yr IO, 40-Yr IO, 620 – 660+ FICO min FICO, 14 – 21 Business Days close). In Vermont (VT), lenders underwrite to a Judicial (Strict Foreclosure or Judicial Sale) statutory framework (200–270 days-day average timeline), a 1.83% average property tax rate (~$587/mo at the $385,000 state median), and $470/$100K hazard insurance (~$151/mo).

Max Leverage / LTC

Up to 80% LTV Purchase / 75% Cash-Out

Min FICO: 620 – 660+ FICO

2026 Rate Band

6.375% – 8.25% (Wholesale Tier Dependent)

30-Yr Fixed, 5/1 & 7/1 ARM, 10-Yr IO, 40-Yr IO

VT Security Instrument

Judicial (Strict Foreclosure or Judicial Sale)

200–270 days days avg timeline

VT Avg Tax & Ins

1.83% Tax

$470/$100K Hazard Ins