Non-QM Lending at Its Best.

Ready to grow further than you thought possible? Serve more borrowers partnering with Deephaven Mortgage.

DSCR Program

Loan Amount: Up to $3 million
LTV: Up to 80%
Credit Score: Down to 660

Our DSCR cash flow loan is a must-have mortgage offering for originators to fully serve real estate investors. This loan qualifies on the rental cash flow of the subject property and does not require employment or income documentation.

Expanded-Prime Program

Loan Amount: Up to $3.5 million
LTV: Up to 90%, no MI
Credit Score: Down to 660

Deephaven’s Expanded-Prime product is a non-QM loan solution for borrowers who just miss traditional guidelines. Standard full doc, 1-year profit and loss statements, and self-employed bank statement options make this non-QM loan a flexible solution to close more loans.

Equity Advantage

Loan Amount: Up to $750,000
CLTV: Maximum CLTV 90% for primary, 85% for second homes, and 80% for investment properties
Credit Score: 660

Deephaven’s Equity Advantage stand-alone second lien mortgage benefits borrowers who want to unlock equity in their homes while allowing them to keep their low-rate first mortgage intact. This non-QM cash-out option can be used for home renovations, debt consolidation, tuition, funding a business, or other responsible uses. Deephaven should be your first choice for second mortgages!

Deephaven as it happens

Deephaven CEO Talks Non-QM Advantages in Scotsman Guide

Deephaven's Chief Executive Officer John Keratsis has dropped a new article in partnership with Scotsman Guide. In the article, John provides insights about the rapid growth on the Non-QM market, how flexibility creates competitive advantage, and how discipline drives...

Invest In Your Future

Deephaven’s DSCR loan product is one of our most utilized mortgage products and the demand for the loan continues to grow. CoreLogic reports that 27% of purchases in August were investor transactions. Brokers who want to expand and serve every borrower type must have...

Deephaven Team Featured in MPA Roundtable Discussion on Non-QM Equity Lending

Deephaven internal data estimates Q1 2026 showed $47 billion in equity extraction industry-wide, and more than half of that ($25 billion) was through second liens and not cash-out refinances. The equity opportunity hiding behind the first mortgage is one worth...

Deephaven Mortgage serves the underserved in the mortgage market, through out-of-the-box thinking to get Non-QM borrowers qualified.

Aaron Drago, chief operating officer, and Tom Davis, chief sales officer, were featured in an exclusive article with MPA “Serving the underserved mortgage market”. The article dives into exactly how Deephaven goes about educating originators on Non-QM to increase...