Verus Mortgage Capital has Returned ─ and so has Non-QM

Leading non-QM issuer resumes investing after temporarily suspending operations at onset of pandemic 

Washington, D.C. – August 4, 2020 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor rental programs, has begun purchasing non-QM loans again after a short pause at the beginning of the pandemic. It is actively investing in new origination and pre-pandemic loans.

VMC is one of the largest non-QM issuers and provides lenders with non-delegated, delegated with pre-funding review or bulk loan delivery options. It purchases loans in all 50 states and its expansive offerings include LTVs up to 90%; cash out up to $500k; full and alternative documentation; and foreign national. Verus is a mortgage investor that uses its experience to help lending partners grow their non-QM business.

About Verus Mortgage Capital

Founded in 2015, Verus Mortgage Capital (VMC) is a non-QM correspondent investor backed by Invictus Capital Partners, a leading investment firm. VMC purchases loans in all 50 states and the District of Columbia and focuses solely on the non-agency market. It offers correspondent lenders a wide range of home financing products for credit worthy borrowers.

The Washington, D.C.-based company, with operations located in Minneapolis, has purchased in excess of $9 billion in expanded, non-agency loans since its inception. In addition, through its affiliates, VMC has completed 19 rated securitizations. Mortgage bankers can learn more about VMC’s investor products by visiting www.verusmc.com.

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Verus Mortgage Capital New Prime Jumbo Program

Washington, D.C. – September 22, 2020 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor rental programs, has just introduced its new Prime Jumbo Program that offers low rates for high-valued homes where loan balances exceed agency limits. VMC’s Prime Jumbo Program’s features include loan amounts up to $3 million,Read More

How to respond to conditions

This short video will review how to respond to conditions pre and post close.

How to submit bank statements

Watch this short video for instructions on how to submit bank statements to Verus.

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