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 $2.5 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 85% for primary and 80% for second homes and 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

Two Types of Non-QM Second Mortgages You Need to Know About

Flexible second mortgage products are in demand! There are many HELOC and HELOAN options out there for borrowers who qualify. But what about those borrowers who miss the requirements, such as a self-employed borrower, who needs to tap into their equity to achieve...

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...

Learn About DSCR Loans for Short Term Rental Properties

What are short-term rentals? Short-term rentals are properties that are rented out nightly, weekly or even on a seasonal basis for a brief period of time. They are also referred to as vacation rentals, short-term vacation rentals or transient rentals. Properties where...

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...