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Deephaven as it happens
High Loan-To-Value (LTV) Refinances
The recent surge in home values has homeowners throughout the U.S. basically sitting on a sizable bank account. These funds can be used to improve your home’s resale value by renovating the kitchen or putting on an addition, or to consolidate high-interest rate...
Shelly Griffin Appointed Senior Vice President of Client Development at Deephaven
CHARLOTTE, N.C.- Non-agency lender Deephaven today announced the appointment of Shelly Griffin as Senior Vice President of Client Development. Ms. Griffin’s goal is to help Deephaven’s correspondent partners improve loan volume and borrower satisfaction by making it...
What Makes a Top Non-QM Lender?
The birth of Non-QM lending. In 2014, the Consumer Finance Protection Bureau, primarily in reaction to the mortgage crisis of 2008, established the qualified mortgage. A qualified mortgage is simply a mortgage that adheres to a set of federally mandated criteria for...
Deephaven rolls out new non-QM products for brokers
Charlotte, NC-based lender Deephaven has rolled out a series of new non-QM products to enable brokers to serve more borrowers seeking non-agency loan options. The non-QM mortgage lender said it aims to give mortgage brokers a head start on the competitive spring...