January 30, 2025

Discovering non-QM’s potential with Deephaven’s Tom Davis

27 minutes

This week on the Power House podcast, Diego sits down with Tom Davis, the chief sales officer at Deephaven Mortgage. Deephaven has been a pioneer in the non-QM space since its founding in 2012, and Tom joins us today to talk about all things non-QM and 2025 market growth.

Deephaven’s non-QM focus accounted for $70 billion in 2023 and is expected to grow to over $80 billion in 2025. Tom talks about specializing in lending, market opportunities in a high-rate environment, and growing a second-lien product line. He also talks about focusing on investor and realtor relationships to unlock and capitalize on market share opportunities.

Here’s what you’ll learn:

In a high-rate environment, there are still opportunities for growth.

Home equity and second lien products are new key areas for growth.

Building relationships with investors can lead to multiple loan opportunities.

The supply-demand imbalance in housing presents opportunities for growth.

Targeting the top 5% of realtors can yield better results.

There is a significant need for renovation loans in the current market.

Related to this episode:

Non-QM Archives - HousingWire

Deephaven Mortgage

Tom Davis | LinkedIn

HousingWire | YouTube

Enjoy the episode!

The Power House podcast brings the biggest names in housing to answer hard-hitting questions about industry trends, operational and growth strategy, and leadership. Join HousingWire president Diego Sanchez every Thursday morning for candid conversations with industry leaders to learn how they’re differentiating themselves from the competition. Hosted and produced by the HousingWire Content Studio.

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