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...
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...
Learn how non-warrantable condos can still get financing through Deephaven.
A detailed overview of the DSCR loan product and opportunity for originators.
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...
Underwriting, as a general practice, is the assessment of risk. According to Wikipedia, mortgage underwriting is “the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower is acceptable.” What, exactly, that means in the...