DELAWARE (DE) WHOLESALE UNDERWRITING DESK · 2 MAJOR CITIES (50,000+ POP)

Delaware DSCR, Hard Money, Fix & Flip, Construction & Multifamily Loans

Delaware (DE) Underwriting Snapshot (BLUF): Wholesale business-purpose investment property loans in Delaware utilize Judicial (Scire Facias Sur Mortgage) security instruments, with an average non-homestead effective property tax rate of 0.57%, a median 1–4 unit investment home price of $365,000 (median rent $2,650/mo), and 5+ unit multifamily market rents averaging $1,540/door. Arranged by Loan Daddy LLC (NMLS #2827624).

SECURITY INSTRUMENT

Judicial (Scire Facias Sur Mortgage)

EFFECTIVE PROPERTY TAX

0.57% Avg ($173/mo)

MEDIAN 1–4 UNIT PRICE & RENT

$365,000 · $2,650/mo

5+ UNIT MULTIFAMILY RENT

$1,540/door/mo

Delaware Pre-Populated Underwriting Terminal

1–4 Unit PITIA vs. 5–25+ Unit Commercial NOI Simulator

Loan Daddy LLC · NMLS #2827624 · AZ CMB #CMB-2016143 · CA CFL #60DBO-218873 · Canonical Integer _cents & _bps Engine

1. Select Property Unit Tier Bracket

2. Exact Number of Units / Doors (MISMO FinancedUnitsCount)1 Unit

Price/Door: $365,000·Loan/Door: $273,750·Avg Rent/Door: $2,650/mo

Property Value / Purchase Price$365,000

Target LTV %75%

Base Note Rate %6.625%

Gross Monthly Rent (Form 1007 / Lease / STR Projection)$2,650/mo

Tax Rate (%)

Annual Ins ($)

Monthly HOA ($)

Prepayment Stepdown Structure

Amortization & FICO Tier

Calculated DSCR Coverage Ratio

Canonical: 129 bps · 7500 bps LTV · 6625 bps Rate

1.29x

Tier-1 Institutional (1.25x+ — Max LTV & Best Pricing)

Loan Amount (75% LTV)$273,75027,375,000 _cents

Monthly P&I Debt Service$1,753/mo@ 6.625% Note Rate

Total Monthly PITIA$2,054/moTax: $173 · Ins: $128

Net Monthly Cash Flow+$596/mo$7,153/yr net

Get 30-Sec Quote →Full 1003 / MISMO Apply →

Wholesale PPE Multi-Option Execution Comparison (Borrower-Paid 2.000% Default · 39 Wholesale Lenders)

Execution Option	Prepay Structure	Est. Note Rate	Prepay Price Credit	Monthly Debt Service	DSCR Ratio
Option A: Lowest Rate (60-Mo Stepdown)	5-4-3-2-1	6.625%	-100 bps (-1.000 pt)	$2,054/mo	1.29x
Option B: Balanced Par (36-Mo Stepdown)	3-2-1	6.875%	-75 bps (-0.750 pt)	$2,099/mo	1.26x
Option C: Max Cash Flow (10-Yr Interest-Only)	3-2-1 IO	7.000%	+38 bps IO LLPA	$1,898/mo	1.40x

Many DSCR lenders focus on the property's rent, not your tax returns. Not all applicants will qualify; terms vary by lender.

Delaware Cities with Population ≥ 50,000 (2 Markets)

Click any Delaware city below to open its localized DSCR & Commercial Multifamily underwriting desk with county property tax rates, median rent benchmarks, and a pre-populated city deal calculator:

City (DE)	County	2026 Est. Pop	Effective Tax Rate	Median 1–4 Unit Price	Median Monthly Rent	5+ Unit Rent/Door
Wilmington, DE →	NEW CASTLE County County	77,962	0.58%	$375,000	$2,700/mo	$1,575/door
Dover, DE →	KENT County County	50,100	0.55%	$320,000	$2,350/mo	$1,375/door

All 10 Loan Programs & 6 Unit Tiers in Delaware

DSCR Loans in DE →Hard Money Loans in DE →Private Money Loans in DE →Fix & Flip Loans in DE →Bridge Loans in DE →Ground-Up Construction in DE →Multifamily (5+ Units) in DE →Commercial Property in DE →Rehab & BRRRR Loans in DE →Cash-Out Refinance in DE →

1–4 Units (1–4 Units)5–8 Units (5–8 Units)5–9 Units (5–9 Units)5–10 Units (5–10 Units)5–25 Units (5–25 Units)5+ Units & Portfolios (5+ Units & Portfolios)