Ingenuity

“How can we make this work?”

Ingenuity at Deephaven is simply combining imagination with knowledge and experience to explore what’s possible. Whether we need to figure out a way to qualify a new bank statements borrower, or structure underwriting parameters to support a correspondent lender with unique take-out needs, we rely on our ingenuity to continuously push our loan programs and services above and beyond all expectations. Even our own.

How to get a mortgage with bank statements and 1099s

How to get a mortgage with bank statements and 1099s

If you’re self-employed, congratulations! Working for yourself can be an exhilarating and rewarding experience, and a way to fulfill a long-held dream. As a self-employed individual, you’re also in the vanguard of the changing workforce. Since the COVID-19 pandemic...

Read this Before You Apply for a Bank Statement Mortgage

Read this Before You Apply for a Bank Statement Mortgage

Once upon a time, most American home buyers had regular jobs with regular companies that paid them every week or two weeks with regular paychecks.  Not anymore.  Over the past 15 – 20 years, America’s workforce and employment models have undergone significant...

What Makes a Top Non-QM Lender?

What Makes a Top Non-QM Lender?

The Non-QM (non-qualified mortgage) mortgage market is booming. Yet, despite the surge in demand for Non-QM mortgage programs and products, there is still little mainstream knowledge and understanding of Non-QM loans, why they exist, who they’re for, and what separates the top Non-QM lenders from the rest.

Sometimes Ingenuity is Common Sense with a Twist.

Sometimes Ingenuity is Common Sense with a Twist.

The whole purpose of Non-QM lending is to provide credit-worthy home buyers who don’t qualify for a traditional mortgage the loans they need and deserve. Of course, we also have to make sure they can afford them.

No W2? What’s a high net worth mortgage customer to do?

No W2? What’s a high net worth mortgage customer to do?

Believe it or not, it can be difficult for high net worth people to qualify for a traditional mortgage. The problem? No tax forms confirming a steady paycheck. Perhaps they are self-employed or retired and therefore unemployed. They could be a serial entrepreneur who has just launched a new start-up or the owner of a successful restaurant chain whose wealth is tied up in the business.