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More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable

More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable

by John G. Stevens | Aug 28, 2026 | Mortgage Information, U.S. Housing Market

There are borrowers in America who can responsibly repay a mortgage and still do not fit neatly into the underwriting box we built for them. Anyone who has spent time in mortgage lending has seen this. A self-employed business owner may have substantial cash flow but...
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers

Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers

by Phil Hall | Dec 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Deephaven Mortgage, a Charlotte, North Carolina-headquartered non-QM lender, has launched its Equity Advantage HELOC product that includes an option for self-employed borrowers to qualify based on 12 months of personal or business bank statements in lieu of tax...
Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts

Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts

by Phil Hall | Aug 3, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has updated its automated income assessment tool to include tax transcripts as a new data source.  According to the government-sponsored enterprise, the enhancement will provide lenders with another tool to better automate income assessments...

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