Important COVID-19 update from Verus

In light of continued market fluctuation due to the COVID-19 pandemic and the impact it has had on the global economy, effective immediately VMC is suspending all lock and funding activity until further notice.

In addition, please note the following:

  • the purchase of any mortgage loan and the final pricing for any mortgage loan offered will be subject to Verus approval;
  • decisioning of newly received or pending standard pre-close and non-delegated reviews are hereby being placed on hold; and
  • existing standard pre-close, non-delegated approvals and all pending and approved exceptions are hereby being placed on hold.

Please reach out to your Verus sales representative with any additional questions.  We will continue to update you as we progress through these ever-changing market conditions.

Verus Mortgage Capital

Verus Mortgage Capital Maintains Non-QM Leadership Position in 2022

First Non-QM Securitization Rated by Three Rating Agencies Washington, D.C. – February 7, 2023 – Verus Mortgage Capital (VMC), a correspondent investor specializing in residential non-QM and investor rental programs, was the top Non-QM issuer in 2022, maintaining its dominant position in the non-agency sector. The company financed 10 deals totaling more than $5.2 billion,Read More

30 seconds On Why Your Business Needs Non-QM

Watch this short video to see why all you need is Verus to get started in Non-QM.

Partner with Verus to Grow Your Business

Watch this short video to see why all you need is Verus to get started in Non-QM.

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