Strategic Product Launches Deephaven Mortgage has recently launched innovative products such as the Equity Advantage HELOC and a Non-QM loan product, signaling a focus on expanding its offerings in the non-QM and second lien markets to capture growing customer demand and increase market share.
Growth in Non-QM Market The company's emphasis on non-QM lending and recent hires of senior industry professionals reflect its strategic positioning in a rapidly expanding segment expected to surpass $100 billion annually, offering significant potential for partners involved in wholesale and correspondent lending.
Technology Adoption Deephaven Mortgage leverages advanced technology such as bank statement analysis automation through its partnership with Ocrolus, providing more accurate income assessments and improving loan approval processes, which can be a selling point for tech-focused financial services solutions.
Leadership Expansion Recent high-profile hiring of experienced executives like COO Aaron Drago and Managing Director Tyler Bohn indicates strategic leadership investments aimed at scaling operations, making the company a compelling partner for solutions supporting high-growth mortgage lenders.
Market Position & Revenue With revenues estimated between $250 million and $500 million and a dedicated focus on non-QM lending, Deephaven Mortgage presents a lucrative opportunity for financial service providers looking to support a dynamic, high-growth lender with a modern, technology-driven approach.