Vermont DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%
Rental property financing for Vermont investors qualified on property cash flow — not personal income, W-2s, or tax returns. Serving Burlington, South Burlington, Colchester and the rest of Vermont. If the property cash-flows at 1.2× the mortgage, you may qualify.
- 1.2 DSCR minimum
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- 680+ FICO
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- Refi from 6.25%
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- 21–30 day close
Can I get a DSCR rental loan in Vermont?
Yes. DSCR loans in Vermont qualify investors based on property cash flow with a 1.2 DSCR minimum, 680+ FICO, and 20–25% down. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Refi rates start at 6.25%.
Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated May 2026.
Vermont Rental Market Snapshot
State-level data DSCR underwriters use to size Vermont rental deals.
Vermont is a small, niche DSCR market dominated by Burlington-Chittenden County (UVM + medical employment) at one end and ski-country STR (Stowe, Killington, Manchester) at the other. Investors who can underwrite seasonal STR vacancy carefully find strong year-round DSCR. Burlington's chronic housing shortage produces tight LTR vacancy rates.
Major Vermont Markets We Fund
Active DSCR deal flow across Vermont's core rental markets. Same requirements — 1.2 DSCR, 680+ FICO, 20–25% down — apply statewide.
| Metro | Median Price | Gross Yield | DSCR Investor Notes |
|---|---|---|---|
| Burlington | $465K | 4.5–5.5% | Largest VT market — UVM/medical employment, chronic housing shortage |
| South Burlington | $525K | 4.5–5.5% | Burlington suburb — premium LTR pricing, strong schools |
| Colchester | $425K | 5.0–6.0% | Burlington suburb — family LTR demand, growing in-migration |
Vermont Eviction Timeline & Landlord Posture
How Vermont courts handle non-payment evictions — material to DSCR loss-severity assumptions.
Vermont requires a 14-day notice for non-payment. Civil Division court hearings are typically scheduled 21–30 days after filing; mediation referrals can extend timelines.
Vermont Rate Adjustment vs National Baseline
Smaller state with tenant-friendly notice periods modestly increases lender loss severity.
Final pricing depends on FICO, LTV, DSCR, property type, and program. Baseline national DSCR refi rates start at 6.25% as of May 2026.
DSCR Lenders Active in Vermont
The non-bank DSCR programs we see most frequently funding Vermont rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.
- Visio Lending
- Lima One
- Kiavi
- Velocity Mortgage Capital
PeerSense is independent — not a lender. Lenders listed are programs we have funded Vermont deals through; specific terms vary by file.
Vermont DSCR Loan Requirements
| Requirement | Minimum | Notes |
|---|---|---|
| DSCR | 1.20 | 1.00+ allowed with 740 FICO or 30% down |
| Credit Score | 680 FICO | 640–679 by exception, lower LTV |
| Down Payment | 20–25% | 25% if <1.2 DSCR or <700 FICO |
| Property Type | 1–4 units or multifamily | Condos, townhomes, STRs OK where legal |
| Income Docs | None | No tax returns, W-2s, DTI check |
| Reserves | 6 months PITIA | Checking, savings, stocks qualify |
| Close Time | 21–30 days | Cash-out refi: 14–21 days |
Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.
Get Vermont DSCR Loan Terms
DSCR Rental — Response within 4 business hours. No obligation.
Related DSCR Resources
- DSCR Loans Hub — Programs & Rates
- DSCR Rental Loans — Full Program Guide
- DSCR for Airbnb / Short-Term Rentals
- DSCR Cash-Out Refinance
- DSCR Jumbo Loans ($1M+)
- DSCR for LLCs / Entity Title
- Best DSCR Lenders 2026
- DSCR Loans — Complete Guide
- DSCR Calculator — Test Your Property
- Fix & Flip Loans — Bridge to DSCR Exit
- Bridge Loans — Short-Term Rental Acquisition
- DSCR vs Conventional Mortgage