Lender comparison
Defy Mortgage vs Relip: Better for Brokers?
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
About Defy Mortgage
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.
What Defy Mortgage does well
- Wide range of non-QM products including DSCR, bank statement, and asset-based
- Strong direct-to-consumer marketing and brand awareness
- Flexible qualification criteria for self-employed and investor borrowers
- Technology-forward application process
Where Defy Mortgage falls short for investor lending
- Single lender — has a retail division that competes with brokers for deals
- Primarily direct-to-consumer — broker channel is secondary
- No broker CRM, lead generation, or pipeline management tools
- Product mix includes non-investor products that dilute investor focus
Feature comparison
Defy Mortgage vs Relip
| 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 | Wholesale capital network — 100% wholesale, never competes with brokers |
| Cost | Lender (no broker platform fee) | Contact for pricing |
Who Defy Mortgage is best for
Self-employed borrowers and investors who need non-QM qualification methods like bank statements, DSCR, or asset depletion from a single lender.
Who Relip is best for
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 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
Defy Mortgage vs Relip FAQs
Common questions about switching from Defy Mortgage to Relip for investor lending.
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See why brokers choose Relip over Defy Mortgage
Relip is a wholesale capital aggregator with a vetted network of warehouse, correspondent, and direct-fund partners — plus lead generation, AI screening, deal pricing, term sheets, and order management in one platform. 100% wholesale: we never compete with brokers.