REHAB & BRRRR LOANS · Delaware (DE) Underwriting Matrix · Stephen R. Mannenbach, J.D., MBA

Delaware Investor Rehab & BRRRR Renovation Loans (Purchase + Holdback to DSCR) — 2026 Rates, LTV Caps & State Rules

Delaware Rehab & BRRRR Loans provide business-purpose real estate investors with Up to 85%–90% LTC + 100% Rehab Escrowed across loan amounts from $100,000 – $15,000,000+ at 9.25% – 11.25% (Bridge Phase) -> 6.50%+ (DSCR Takeout) (12-Mo Rehab Bridge + Seamless 30-Yr DSCR Refi, 620+ FICO min FICO, 7 – 12 Business Days close). In Delaware (DE), lenders underwrite to a Judicial (Scire Facias Sur Mortgage) statutory framework (170–230 days-day average timeline), a 0.57% average property tax rate (~$173/mo at the $365,000 state median), and $460/$100K hazard insurance (~$140/mo).

Max Leverage / LTC
Up to 85%–90% LTC + 100% Rehab Escrowed
Min FICO: 620+ FICO
2026 Rate Band
9.25% – 11.25% (Bridge Phase) -> 6.50%+ (DSCR Takeout)
12-Mo Rehab Bridge + Seamless 30-Yr DSCR Refi
DE Security Instrument
Judicial (Scire Facias Sur Mortgage)
170–230 days days avg timeline
DE Avg Tax & Ins
0.57% Tax
$460/$100K Hazard Ins

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Delaware Rehab & BRRRR Loans (2026) — Up to 85%–90% LTC + 100% Rehab Escrowed, 9.25% – 11.25% (Bridge Phase) -> 6.50%+ (DSCR Takeout) | Stephen R. Mannenbach | Stephen Mannenbach