Deephaven Mortgage

Check out Deephaven Mortgage's great new additions to our DSCR and Closed End Second loans! ? Deephaven loves real estate investors, and so we’ve made updates to the loan products we know they need! Our DSCR product is one of our most utilized loan solutions for real estate investors because it’s an easy loan to get out of hard money. ? Announcing the following guideline updates: -DSCR now has 0-6 months ownership seasoning options to use the appraised value -DSCR low or no ratio - now allowed under our traditional DSCR product -Equity Advantage Closed End Second – DSCR income is now allowed Don't delay in closing more loans for real estate investors! Become an approved partner to gain access to our DSCR program, Closed End Second products, and all non-QM solutions. If we offer it, we close it! Become approved easily: https://lnkd.in/epUm8Zme ?

Have a High DTI Scenario? Send it to Deephaven Mortgage by emailing us at [email protected]! Or become easily approved here: https://lnkd.in/epUm8Zme Here is a great example of how we closed a loan for a self-employed borrower with a high DTI: Scenario: Our borrower is purchasing a second home. They have been a self-employed 1099 contractor for five years. They have a FICO of 722 and a 20% down payment. The borrower has an outstanding tax strategy that works nicely for them. However, the net reported income on the tax returns yields a 63% debt-to-income ratio. They need an alternative loan solution! Non-QM Solution: Deephaven’s Expanded-Prime product allowed the borrower to qualify using 12 months of business bank statements in lieu of the tax return. This resulted in a debt ratio of 49% within the maximum allowed of 50%. Deephaven to the rescue again! Expanded-Prime Highlights: -660 Minimum FICO -Loan Amounts from $100,000 to $3.5 million -Up to 90% LTV purchase and rate / term -Up to 80% LTV cash out Discover the Deephaven Difference

We are proud to give a big shout out to the wonderful sponsors participating in our Non-QM Power Pulse event next week. Class Valuation, NAN - Nationwide Appraisal Network & Geraci LLP, your support and continued partnership is very appreciated! Attendees, please make sure to stop by the sponsor booths to learn how they can help you power up your business. We still have a few seats left for anyone who has not registered yet! Register today by visiting: https://lnkd.in/eGYwfF8W Texas, get ready to saddle up! We'll see you next week.

Join us at the Great River Conference happening April 1st- 3rd at the Peabody Hotel in Memphis, Tennessee. Click here to register for the event today: https://lnkd.in/gawZgJRh Visit the Deephaven Mortgage team at booth 5 to discuss how we can help you optimize your business growth potential through serving a larger pool of credit-worthy borrowers utilizing non-QM. You can also catch Chief Sales Officer Tom Davis speaking during the 7-in-7 session on April 2nd! Discover The Deephaven Difference

We hope to see you at the Colorado Mortgage Lenders Rally happening April 22nd at the Infinity Park Event Center in Glendale, CO. Click here to view the agenda and register for the event today: https://lnkd.in/evirPhsW Book your time with Deephaven Mortgage by contacting: VP of Client Development Bruce Larkin- [email protected] Discover The Deephaven Difference & meet with us in Colorado!

We had a great time at our annual sales rally last week! Team members from all across the U.S. came out to Charlotte to enjoy a few days of fun including special awards, informative presentations from our leadership team and lots of baseball themed puns. The Deephaven Mortgage team always knocks it out of the park, but some of our best work happens when we come together for events like this. Partner up with this team of heavy hitters by visiting: https://lnkd.in/epUm8Zme

We are just a week away from our FREE Non-QM Power Pulse event in Texas! Space is limited so make sure to register today at: https://lnkd.in/eGYwfF8W Deephaven Mortgage and Anchor Loans are excited to be taking our Non-QM Power Pulse to new markets, starting with Dallas, Texas on March 25th and Houston, Texas on March 27th. In one day, you will gain the power to: - Stay ahead of the competition - Increase your volume and referral base - Close more deals and put more buyers into homes - Network with top Realtors, investors, and loan originators - Promote Ground Up Construction and Fix and Flip programs to investors - Offer a full suite of investor loans for your clients to build their portfolios - Differentiate yourself in the market with alternative mortgage products - Become an expert and learn marketing strategies for 2nd lien mortgages critical for 2025 success Don’t miss out on learning new ways to grow your business in 2025 by offering non-QM and investor loans that include Fix and Flip and Ground Up Construction products. Keep your finger on the pulse with Deephaven Mortgage and Anchor Loans!

Deephaven’s Equity Advantage Closed End Second Allows Business Bank Statements for Qualification! Send us your scenarios today to [email protected]. Become an approved partner easily to gain access to all of our non-QM products: https://lnkd.in/epUm8Zme Scenario: Our borrower is renovating their investment property and would like to cash out $300,000 by tapping into their equity. They have been self-employed for the last 8 years and have a 700 FICO score. They initially considered a full doc HELOC, however, a 12-month full doc only qualified them to cash out $250,000. They asked their mortgage originator for another option. They came up with a great one! Non-QM Solution: Deephaven’s Equity Advantage Closed End Second was the perfect solution. The borrower was able to use business bank statements instead of tax returns. This allowed our self-employed borrower to achieve a loan amount goal of $300,000 to update their investment property. -12-month business bank statements for self-employed borrowers -One year P&L for self-employed borrowers -660 Minimum FICO -Loan amounts $50,000 to $750,000 -Primary CLTV up to 85% -Second homes and investment property CLTV up to 80% #closedendsecondmortgage #secondlien #bankstatementmortgage #mortgageoriginators #nonqm Discover The Deephaven Difference!

We can't wait to see you next week at the American Lending Conference in Las Vegas! Meet with the Deephaven Mortgage team to discuss all things non-QM and make sure to catch our VP of Client Development Bruce Larkin speaking during Saturday's general session. Let’s have some fun, network and leave with the goal of strengthening our partnership! If you haven't already, make sure to register for the event today at: https://lnkd.in/eYS_YjSK

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