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Deephaven as it happens
What all loan brokers and officers need to know about Non-QM mortgage underwriting.
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...
Non-QM Lender Deephaven Honored As #1 Workplace in Charlotte, N.C. in Small Company Category
CHARLOTTE, N.C. — The Charlotte Observer recently named Non-QM lender Deephaven as the number-one Small Company Workplace in Charlotte, and also recognized the firm’s exceptional commitment to New Ideas. The newspaper honored Deephaven through its seventh annual Top...
Qualified Mortgage (QM) vs. Non-Qualified Mortgage (Non-QM). What’s the difference?
If you’ve had any reason to pay attention to the mortgage world over the past few years, you may have heard or read the term Non-QM. Short for Non-Qualified Mortgage, Non-QM loans have been around for almost a decade, but they’ve only recently come into the mortgage...
Deephaven and Lender Price Work Together to Help Correspondents Penetrate the Non-QM Marketplace
CHARLOTTE, N.C. and PASADENA, Calif. — Non-QM lender Deephaven and Lender Price today announced a strategic alliance that will enable correspondents to offer more non-agency products. The move comes as more lenders approach Deephaven about the non-QM market. The...