Defy Mortgage Launches as a National Mortgage Lender For Non-QM Loans

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In: New Home Mortgage News

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As a national mortgage lender with a focus on non-qualified (Non-QM) loans, Defy Mortgage announced on Tuesday that it had begun operations. situated in Nashville, Tennessee. According to Defy, it provides special lending options for trustworthy borrowers with unusual sourcesContinue Reading

Why Are Non-QM Borrowers Still Going Strong In The Current Market?

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In: New Home Mortgage News

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The volatility of the mortgage market is reducing production, but the number of subordinated borrowers requesting non-QM products is increasing. There will always be a group of borrowers who do not qualify for home loans under the traditional rules. ThisContinue Reading

Non-QM Loans for Adult Care Homes Are a Great Opportunity for Brokers

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In: Realtor News

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It’s no secret that brokers are currently struggling with their pipeline. Demand for mortgages has fallen and estimated home sales are at their lowest level in seven years.  Most of that is now above 7% and is due to interestContinue Reading

Mortgage Calculator Launches as a Digital Home Lender For Non-QM Loans

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In: Mortgage News

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Last updated on January 30th, 2023 at 10:49 pmMortgage Calculator is officially launched as a digital mortgage lender specializing in non-QM mortgages. The new company announced its debut and the launch of its own platform. The mortgage calculator offers generalContinue Reading

What Is In Store For Non-QM Loans For Remaining Quarters of 2022?

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In: Mortgage News

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Due to rising interest rates and inflation, non-QM loans struggled for several months and some lending companies were forced to close.  However, according to Acra Lending CEO Keith Lind, the outlook for the rest of 2022 excluding QM is relativelyContinue Reading