Help Borrowers Get Cash And Keep Their Low
First Lien Interest Rate!

Existing Low Rate Loan with a
New Cash-Out 2nd Lien

New 1st Lien
Cash-Out Refinance

Existing 1st

Cash-Out Closed-End 2nd

Cash-Out Refinance

$
$
%
%
$
%

Blended Rates Are Better!

Blended Rates Are Better!

Save
$xxx.xx/mo.
with Equity Advantage,our stand-alone second mortgage that allows borrowers to keep their low interest rate on the 1st lien.

Price Now

Discover The Deephaven Difference

New Blended Rate:
x.xxx%
New P&I Payment:
$x,xxx.xx

New Refi Rate:
x.xxx%
Payment:
$x,xxx.xx

What is a Blended Rate?

A blended rate is an interest rate on a loan that represents the
combining of a previous rate and a new rate. The rate is calculated for
the borrower to receive an additional loan without fully repaying the
previous one. They will borrow from the equity accrued in the home
which is the difference between the value of the home and the
remaining balance of the first mortgage. The process includes
submitting an application and meeting the requirements of the second
mortgage.

What is a Second Loan?

A second loan is a type of mortgage that allows homeowners to borrow
against the equity they have built in their home, without losing the
interest rate on their first mortgage. When used as a cash-out refinance
option, borrowers can obtain 100% of the funds that can be used for
home renovations, debt consolidation, tuition, funding a business, or
other responsible uses.

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Learn More about Deephaven’s Equity Advantage Program

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DISCLOSURE: INFORMATIONAL PURPOSES ONLY. Solely for the use of mortgage professionals, consumer use is strictly prohibited. Information and interactive calculation tools are for illustrative purposes only and in no way is any content contained herein providing, or to be construed as providing, any mortgage, financial, investment, or legal advice or instruction. Deephaven makes no representation, guaranty, or warranty as to the accuracy or applicability to individual circumstances and should not be relied upon in that regard. Deephaven does not assume any liability for the information contained herein. Actual results will vary depending on eligibility and current market rates. This information is in no way an offer for the extension of credit or a credit decision. All terms subject to qualification.

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Deephaven as it happens

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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...

Everything you need to know about closed end second mortgages

Everything you need to know about closed end second mortgages

A significant number of homeowners have substantial equity built in their homes, and a low interest rate to go with it. There are many who might like a cash-out refinance but can’t see losing their low rate on their mortgage. On top of that, they have unique...