Deephaven Mortgage LLC

Deephaven Mortgage LLC is a provider of Non-QM (Non-Qualified Mortgage) lending solutions, serving borrowers who are underserved by conventional mortgage standards. Founded in 2012 and headquartered in Charlotte, North Carolina, the company applies common-sense underwriting and flexible qualification methods - including bank statement income verification, asset utilization and interest-only loan structuring - to creditworthy borrowers who do not fit traditional lending criteria. It also underwrites DSCR (Debt Service Coverage Ratio) loans for non-traditional borrowers.

The firm's product range spans DSCR loans, Expanded-Prime programs with flexible qualification options, Non-Prime solutions for borrowers who do not qualify for conventional loans, and stand-alone second mortgages. Loan amounts extend to $3.5m.

Deephaven acquires loans through two channels: a wholesale platform serving a network of more than 1,000 independent mortgage brokers, and a correspondent channel that purchases loans from over 200 correspondent partners nationwide. The company is owned by Pretium.