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Deephaven Announces Jumbo-Prime Loans to Help Mortgage Banks and Brokers Compete for High-Net-Worth Borrowers | News

CHARLOTTE, N.C.–(Business enterprise WIRE)–Jan 24, 2022–

To help mortgage bankers and brokers contend for significant-internet-truly worth debtors whose demands exceed 2022 conforming financial loan restrictions, Non-Agency/Non-QM loan company Deephaven Property finance loan is saying a new Jumbo-Prime mortgage product.

This press launch attributes multimedia. Check out the whole release right here:

Deephaven is now furnishing loans of up to $3 million for principal residences, next households and investment decision attributes (such as two- to four-unit properties) with remarkably adaptable conditions–together with most LTVs of 89.99{797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b} for loans up to $2 million, and 80{797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b} for home loans previously mentioned that total, with no PMI.

“Whether they want to snap up coveted rentals or a mansion outside the house the city, these higher-worth clients hope white-glove treatment devoid of delays,” mentioned Shelly Griffin, Senior Vice President, Client Progress, Deephaven. “Our account representatives get the job done collaboratively with home finance loan bankers and brokers to make fast conclusions, expedite paperwork, and manufacture products that satisfy these borrowers’ certain wants.”

Deephaven will present these full-documentation financial loans to people today with DTIs of up to 43{797b2db22838fb4c5c6528cb4bf0d5060811ff68c73c9b00453f5f3f4ad9306b} and credit history scores down to 660.

Correspondents can attain much more info from Ms. Griffin at [email protected] or go to and solutions.

Brokers ought to get in touch with Luke Turner, Regional Gross sales Vice President of Wholesale, at [email protected] or see

About Deephaven

Deephaven is a whole provider, multi-channel, lengthy-term credit provider in the Non-QM space, providing entry to funding to thousands and thousands of underserved clients through the U.S. Deephaven was founded in 2012 and led the rebuilding of the non-govt home loan market place. You should go to for added information and facts.

Deephaven Mortgage® LLC. All legal rights reserved. This substance is meant entirely for the use of accredited mortgage loan professionals. Distribution to customers is strictly prohibited. Application and prices are matter to transform without having observe. Not available in all states. Conditions matter to qualification. NMLS #958425

Perspective source variation on

Contact: Dawn Ringel

267-620-8401 [email protected]


Industry Keyword: Skilled Services Household Setting up & Real ESTATE Commercial Building & True ESTATE FINANCE Design & Property BANKING

Source: Deephaven House loan

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PUB: 01/24/2022 11:17 AM/DISC: 01/24/2022 11:17 AM

Copyright Organization Wire 2022.