Lender comparison
Defy Mortgage is a non-QM mortgage company offering DSCR loans, bank statement loans, asset-based loans, and other alternative qualification programs. They market directly to borrowers and work with brokers on non-traditional lending scenarios.
Overview
Defy Mortgage is a non-QM mortgage company offering DSCR loans, bank statement loans, asset-based loans, and other alternative qualification programs. They market directly to borrowers and work with brokers on non-traditional lending scenarios.
Feature comparison
| Feature | Defy Mortgage | Relip |
|---|---|---|
| Investor loan types | DSCR, bank statement, asset-based, P&L | DSCR, bridge, fix-flip, construction, rental portfolio, multifamily |
| Lead generation | None for brokers | Investor-specific lead gen with maturity data |
| AI screening | ✗ | AI pre-screening for investor deal qualification |
| Pricing engine | Defy rates only | Scenario pricing across wholesale and correspondent programs |
| Deal tracking | Defy loan portal | Full broker pipeline from lead to funded loan |
| Document management | Defy submission process | Broker-side borrower portal with doc checklists |
| Capital access | Defy products only | Direct lender — 100% wholesale, never competes with brokers |
| Cost | Lender (no broker platform fee) | Contact for pricing |
Self-employed borrowers and investors who need non-QM qualification methods like bank statements, DSCR, or asset depletion from a single lender.
Mortgage brokers focused on investor lending who want to compare Defy with other non-QM and DSCR lenders while managing their deal flow.
Pricing
Defy Mortgage is a lender — no platform fee. Rates vary by program, qualification method, and deal specifics.
See the difference for yourself
Compare Defy Mortgage and Relip side by side — or let us show you how Relip handles investor lending workflows.
FAQ
Common questions about switching from Defy Mortgage to Relip for investor lending.
Defy Mortgage offers DSCR loans as part of their non-QM lineup. They are a solid option, but brokers benefit from comparing Defy's DSCR rates against other lenders through a wholesale-only platform like Relip that never competes with brokers.
Defy Mortgage is a single non-QM lender. Relip is a broker platform that connects you to multiple investor lenders, provides lead generation and AI screening, and lets you manage your complete deal pipeline.
Defy works with brokers but is primarily a direct-to-consumer lender with a retail division. Relip is 100% wholesale — brokers price, structure, and submit deals without competing against a retail channel.
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Relip is a direct lender with wholesale and correspondent channels — plus lead generation, AI screening, deal pricing, term sheets, and order management in one platform. 100% wholesale: we never compete with brokers.