Deephaven Mortgage LLC

Basic information

QM program

N/A

Loss payee

Hazard and Flood Insurance Selene Finance Its Successors and/or Assigns ATIMA PO Box 461470 San Antonio, TX 78246

CPL or subordinate clause

Title Policy and CPL Deephaven Mortgage LLC ISAOA ATIMA 3530 Toringdon Way, Suite 300 Charlotte, NC 28277

Lock policies & fees

Lock policies

Lock extension

2.5 bps per day up to 30 days allowed

Relock

Worst case 25 bps cost to relock

Lock & Shop

Yes

Lender's niche & overlays

Lender's niche

We are an exception based lender so we look at each case individually.

All Non-QM products, we are the direct lender so we can offer exceptions on all our products.

Allow lender credit to cover BPC for Rental Properties only, exclude Primary Residences or 2nd Homes

Lender's overlays

N/A

Lender turn time

Initial underwrite (days)

2

CTC conditions review (days)

1

Initial CD (days)

1

Reviews