Deephaven Hires New SVP, National Head Of Wholesale Sales
Deephaven hired Steve Lemon as the company's senior vice president and national head of wholesale sales.
Tagged: Deephaven
Deephaven Heightens Foreign National DSCR Program
Deephaven is amping up its Foreign National DSCR Program as a response to the increase in the real estate investment market.
Non-QM Lender Deephaven Hires Business Development VP
Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states
Deephaven, Lender Price Team To Promote Non-QM Loans
Partnership to Leverage Lender Price’s mortgage pricing & underwriting engine with Deephaven’s non-agency products.
Deephaven Promotes New Senior Vice President, Director Of Capital Markets
Non-QM lender Deephaven promoted Mack Walker as the company's new senior vice president, director of capital markets
Deephaven Announces New Asset Utilization Options
Non-agency lender Deephaven announced new income qualification options to enable brokers and correspondents to compete for more credit-worthy borrowers who are locked out of agency mortgages.
Deephaven Names Two Regional Sales VPs Of Wholesale
Non-QM lender Deephaven Mortgage named Sunny Thiara and Luke Turner as regional sales vice presidents of wholesale.
Deephaven Mortgage
Deephaven offers a host of innovative, non-agency mortgage programs and products. Our programs provide borrowers unable to obtain a federally-backed mortgage with multiple options for qualifying their income and ability to repay the loan. These include bank statement programs that use 12-24 months of the borrower's bank statements to determine their income; an asset utilization program that uses a borrower’s financial assets, including personally held stocks, bonds, mutual funds, and vested amounts of retirement accounts to ensure the borrower has the liquidity, to cover the loan; business purpose loans for property investors; a Foreign National Borrower Program, offering mortgages and refinances to residential property investors who are not US citizens; an Interest Only mortgage program for borrowers that intend to stay in the home for a shorter period of time; an Unwarrantable Condo Program for condo projects that fall outside Agency guidelines; and a Business Expense Calculation program for determining business owner income. Deephaven also provides traditional, full documentation jumbo loans for borrowers whose loan amounts exceed the federal limit in their respective MSA (Metropolitan Statistical Area). Deephaven's product set includes Expanded Prime with loan-to-value ratios up to 90%; non-prime for first-time borrowers with thin credit or borrowers who are rebuilding their credit and a DSCR (Debt Service Coverage Ratio) product for investors that uses projected property income as the revenue source for covering loan payments. Our distinct advantage is our commitment to advancing new programs and products for serving the changing life and work-styles of today's Americans.
Licensed in:
AL AK AZ AR CA CO CT DC DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MT NE NV NH NJ NM NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WI WY
Deephaven Hires A New VP Of Client Development, Correspondent
Andrew Spicer brings more than 30 years of correspondent and wholesale mortgage sales leadership experience to his role.