Verus Mortgage Capital Goes Live on Vesta

Verus Mortgage Capital (VMC), the largest non-QM issuer in the U.S., today announced it has gone live on Vesta, the AI-native loan origination system, replacing its legacy LOS.

VMC retired a legacy LOS and selected Vesta to keep pace with the realities of non-QM origination, where borrower eligibility is governed by proprietary product guidelines and specialized credit expertise rather than Fannie Mae or Freddie Mac rulebooks. Vesta’s task-based architecture handles exceptions natively, breaking each loan into discrete units of work that can be routed to a human or an AI agent.

The implementation represents a significant investment in Verus' operational infrastructure and supports the company's continued focus on delivering consistent execution, scalability, and a high-quality experience for its lending partners.

“Our business is built on flexibility and expertise across a wide range of borrower scenarios. We needed an LOS that could match that” said Dane Smith, President at Verus Mortgage Capital. “Vesta gives us a platform that scales with us across channels and creates opportunities to apply automation and AI in ways that improve efficiency and the experience we deliver to our lending partners.”

“Non-QM is one of the hardest origination problems in mortgage: the rules are proprietary, exceptions are the norm, and the workflow has to flex constantly. That’s exactly why Verus is on Vesta,” said Mike Yu, Co-Founder and CEO at Vesta. “Our platform was built to handle that complexity natively, and our AI agent can do the operational work behind it.”

Vesta’s AI features are live in VMC’s production environment today: Document Intelligence identifies and processes documents, the AI agent resolves tasks the way a human user would, and the Loan Assistant lets users ask questions about the file or make real-time changes in plain language.

“We evaluated what AI looks like inside legacy LOS platforms — bolted-on assistants that read documents and make suggestions — and what it looks like inside Vesta. There’s no comparison,” said Jeffrey Pisano, Head of Information Technology at Invictus Capital Partners, which backs VMC. “Vesta’s agents can read our guidelines, complete real underwriting tasks, and operate inside the same system our team uses every day: the only architecture that works for non-QM, where the rules are ours and the work is judgment-heavy.”

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