Deephaven Non-QM Mortgage Products Now Available through Calyx Point

Originators Access More Lending Options, Increase Production with Non-Agency AUS.

DALLAS, Oct. 11, 2018 - (GLOBE NEWSWIRE) — Calyx Software®, a leading provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, announced today that all Calyx® Point® users can now access Deephaven’s non-QM mortgage products, enabling them to serve more borrowers and capitalize on the growing opportunities for non-QM.

This integration furthers Deephaven’s mission to empower mortgage professionals serving borrowers who face challenges securing a traditional government-financed mortgage. As a leading issuer of non-QM mortgage-backed securities, Deephaven aims to be the top provider of non-agency loans to the origination community, offering expanded prime, near-prime, non-prime, bank statement loan, investment property, and interest-only products.

Originators are able to instantly determine fit across Deephaven’s non-QM loan programs and help borrowers that might not qualify for agency programs. Originators can run Deephaven’s IDENTI-FI AUS Findings Report on any loan file in Point without having to import/export a 1003 or credit information. Originators do not have to be preapproved with Deephaven to see a detailed breakdown of the qualification criteria applied, along with documentation requirements.

"At Deephaven, our mission is to rebuild the non-agency mortgage market by providing common sense-driven underwriting decisions centered around a borrower’s ability to repay," said Mike Brenning, Chief Production Officer at Deephaven. "Our integration with Point will allow us to help even more originators reach underserved, yet credit-worthy borrowers and confidently originate non-QM products."

"More and more of our origination customers are looking to take advantage of the growing non-QM market," said Bob Dougherty, Vice President of Business Development at Calyx Software. "By integrating with Deephaven, a leader in non-QM lending, our customers will have access to even more loan options to responsibly expand their businesses."

To access Deephaven’s offerings in Point, select Lenders from the main menu and then click on Deephaven Mortgage.

About Calyx Software

Calyx Software is an established provider of compliant mortgage software solutions used by banks, credit unions, mortgage lenders, and brokerages nationwide. The company’s easy-to-use technology, including its borrower interview platform, loan origination systems, and secure electronic signature software, is designed to streamline, integrate and optimize all phases of the loan process for customers of various sizes, workflows, channels and complexities. Combined with its extensive network of vendor partners, Calyx products deliver a true digital mortgage solution that maximizes profitability and enhances the customer experience. 

For more information, call (800) 362-2599 or visit www.calyxsoftware.com.

For press inquiries, please contact:
Campbell Lewis Communications

Jessica Ruiz-Krout 
212.995.8058
jessica@campbelllewis.com

Share this article     

Comments

Industry insights