BluePoint Mortgage is dedicated to empowering independent mortgage brokers with top-tier service and a streamlined process, ensuring a superior experience for their borrowers. By partnering with BluePoint, brokers can enhance their market share and deliver unmatched value to clients.
With over 30 years of expertise in the wholesale mortgage industry, BluePoint Mortgage offers competitive resources and pricing across a wide range of loan products. These include investment property loans (DSCR), bank statement loans, non-QM options, as well as Conventional, VA, and FHA programs, helping brokers serve diverse borrower needs.
As a leading DSCR mortgage lender, we offer a Debt Service Coverage Ratio loan that allows borrowers to qualify based on rental property income rather than traditional income verification. Our program includes a No Ratio option and accepts short-term rental income, making it flexible for various borrower needs.
With FICO scores as low as 620 and loan-to-value (LTV) ratios up to 80% (minimum FICO 640), we offer loan amounts up to $3 million. Cash-out options can also be used as reserves, providing more opportunities for borrowers seeking business purpose loans from a trusted Non-QM lender.
As a top Bank Statement Mortgage Loan Lender, we specialize in helping self-employed borrowers qualify using 12 months of bank statements, without the need for tax returns. This Non-QM loan program offers flexibility for those with unique financial profiles.
With credit scores as low as 620 maximum 70% LTV and LTVs up to 90% for borrowers with a minimum FICO of 680, we provide loan amounts up to $3.5 million. A 2-1 temporary buydown option is also available, offering more flexibility for eligible borrowers.
As a leading Non-QM lender, we offer a P&L Only Loan program, designed for self-employed borrowers who may not qualify through traditional methods. This program uses a 12-month Profit and Loss (P&L) statement for income documentation, eliminating the need for bank statements to support net income.
The P&L Only Loan allows up to 80% loan-to-value (LTV) for purchases, rate-and-term refinances, and cash-out. For LTVs under 80%, 100% of the down payment can be gifted. With loan amounts up to $3.5 million and a minimum FICO score of 660, this program offers flexibility for a wide range of borrowers.
Key requirements include a 12-month P&L statement prepared by a CPA, EA, CTEC, or tax attorney, along with a CPA letter and verification of the tax preparer’s license. Borrower business documents may also be required.
This alternative income documentation program is ideal for self-employed clients, offering a unique solution for business purpose loans without the limitations of traditional mortgage products.
As a Non-QM mortgage lender, we offer full doc income documentation loans with credit scores starting at 660 and loan-to-value (LTV) ratios up to 90%. Our program includes loan amounts up to $3.5 million, with cash-out options that can be used as reserves.
This flexible loan option is available for primary residences, second homes, and investment properties. First-time homebuyers are welcome, and we also offer temporary buydown options, including Gold and Platinum tiers, to accommodate various borrower needs.
