Deephaven Mortgage was founded in 2012 to help rebuild the non-government mortgage market. At that point, mortgage credit had dramatically tightened in response to the housing crisis and millions of credit-worthy borrowers were still locked out of the mortgage market.
In 2014, Deephaven was acquired by affiliates of Värde Partners, a $13 billion global investment firm. That transaction provided us with significant capital to grow the business. We have purchased over $2 billion of Non-QM loans from our partners since that time. Deephaven has been one of the leading issuers of Non-QM securitizations. We have completed five securitizations totaling over a $1 billion of sold bonds backed by Non-QM home loans.
We are a full service, multi-channel, committed long-term investor in the Non-QM marketplace and look forward to responsibly providing access to financing to the millions of underserved clients throughout the U.S.
THE DEEPHAVEN DIFFERENCE
We partner with mortgage professionals who share our vision for rebuilding the non-government mortgage market by making common sense driven eligibility decisions centered around a borrower’s ability to repay. Our products and processes are designed to:
- Be Responsible – Loan Officers are confident they are offering transparent loan options that are good for borrowers.
- Be Good for Your Business – Loan Officers can build their business confidently, solving needs in their local market where others can’t.
We are able to honor these commitments because we are a long-term investor. We understand our success is entirely dependent on the success and growth of our clients. Our products and processes are validated by our track record of purchase pull-through and loan performance.