"2026" Archives

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Deephaven Mortgage broadens Equity Advantage HELOC options

Deephaven Mortgage LLC has expanded its Equity Advantage HELOC product for wholesale and correspondent partners in 2026, doubling the maximum line amount to $1 million and broadening eligibility and geography, according to a company announcement. The non-QM lender’s digital first- and second-lien HELOC now offers a maximum line of $1,000,000, up from $500,000, with a…

UWM rolls out 1-0 buydowns, expands into home equity lending

United Wholesale Mortgage (UWM) is rolling out free 1-0 temporary rate buydowns on purchase loans alongside a new suite of home equity products aimed at helping brokers retain borrowers. Effective immediately, the lender will cover the cost of 1-0 buydowns on both conventional and government purchase mortgages, issuing a credit to fully offset the expense….