Andrew “Andy” Spicer recently joined non-agency lender Deephaven as vice president of client development, correspondent.
Spicer has more than 30 years of correspondent and wholesale mortgage sales leadership experience.
Most recently, he directed midwest sales with Caliber Home Loans/Correspondent Lending, and he has held similar positions with MetLife, Bank of America and Washington Mutual Savings Bank.
In his new role with Deephaven, Spicer’s goal is to help correspondents improve market share with innovative non-agency products.
Deephaven offers progressive products with highly favorable LTV (loan-to-value ratio) and FICO combinations to give correspondents a distinct advantage in their geographies.
“This is a terrific opportunity for me to work with some of the best and brightest people in this space,” says Spicer, who is based in Chicago in a release. “I look forward to leveraging Deephaven’s innovative programs into greater correspondent lending success stories in this competitive purchase market. We’ve got the products, service and flexibility to help qualify a larger share of borrowers whose dreams of homeownership go unmet by the traditional mortgage lenders.”