Business Details
35 Years
experience
Trusted Wholesale Mortgage Lender in Newport Beach, CA
BluePoint Mortgage has been a dedicated wholesale mortgage lender for over 34 years, specializing in serving independent brokers with a comprehensive range of loan products and exceptional service. Our commitment to streamlining the lending process allows brokers to focus on closing loans without the burden of excessive paperwork. We offer a diverse portfolio of Non-QM loans, including DSCR, Bank Statement, and Asset Utilization programs, alongside Conventional, FHA, and VA options. Our team of award-winning Account Executives, underwriters, and operations specialists provide fast responses, personalized coaching, and same-day feedback to support brokers in achieving their goals.Recognized as a Top Workplace by the OC Register for seven consecutive years, we pride ourselves on fostering a culture of simplicity, responsiveness, and genuine partnership. As a direct seller to Fannie Mae, Freddie Mac, and Ginnie Mae, we deliver competitive pricing and flexible guidelines that enable brokers to grow their businesses. With over 2,500 brokers relying on our expertise, we continue to expand our services nationwide while maintaining our core values of integrity and client-centric support.
Services
DSCR Loans
Bank Statement Loans
P&L Loans
Asset Utilization Loans
VA Loans
FHA Streamline
Conventional Loans
Closed-End Second Mortgages
Non-QM Programs
Temporary Buydowns
Details
- Year established: 1991
Highlights and features
- We offer 34 years of specialized expertise in wholesale mortgage lending.
- Our team provides same-day feedback and personalized product training sessions.
- We deliver competitive pricing through direct sales to Fannie Mae and Freddie Mac.
- Our streamlined digital platform enables instant file uploads and status updates.
- Recognized as a Top Workplace by the OC Register for seven consecutive years.
What people say
Award-winning team
Fast service
4.8-star rating
Top Workplace awards
Competitive pricing
Services
DSCR Loans
DSCR Loans allow borrowers to qualify using rental property cash flow instead of traditional income verification. Ideal for investors and first-time homebuyers, these loans offer FICOs as low as 620, LTVs up to 80%, and loan amounts up to $3 million. This program eliminates the need for tax returns while maintaining flexible underwriting standards.
Bank Statement Loans
Bank Statement Loans enable self-employed borrowers to qualify using 12 months of bank statements without tax returns. With FICOs starting at 620, LTVs up to 90%, and loan amounts up to $3.5 million, this program accommodates gig workers and entrepreneurs. A 2-1 temporary buydown option enhances affordability for qualified applicants.
P&L Loans
P&L Loans qualify borrowers based on business profit and loss statements rather than personal income. Designed for small business owners, these loans require CPA-compiled financials, FICOs as low as 660, and LTVs up to 80% with maximum loan amounts of $3.5 million. This program simplifies documentation for complex income scenarios.
Asset Utilization Loans
Asset Utilization Loans allow borrowers to qualify using liquid assets like savings, stocks, and retirement accounts. Catering to retirees and investors, these loans require FICOs of 700+, LTVs up to 80%, and loan amounts up to $3 million. This program provides an alternative path to homeownership for asset-rich, income-limited applicants.
VA Loans
VA Loans offer zero-down payment options and flexible guidelines for veterans and active-duty personnel. With FICOs starting at 620 and LTVs up to 100%, these loans feature competitive rates and simplified underwriting. The program supports military families through specialized benefits like no private mortgage insurance requirements.
Questions
What loan products does BluePoint Mortgage offer?
We provide DSCR, Bank Statement, P&L, Asset Utilization, VA, FHA, Conventional, and Closed-End Second Mortgages, along with Non-QM programs tailored for unique borrower scenarios.
Do you offer financing options for self-employed borrowers?
Yes, our Bank Statement Loans and P&L Loans allow self-employed individuals to qualify using alternative income documentation without traditional tax returns.
What are the minimum credit score requirements?
Minimum FICOs range from 550 for FHA Streamline to 700 for WVOE programs, with most products requiring 620-680 depending on loan type and LTV.
Can international applicants qualify for loans?
Our iTIN Premier and Close Call programs accommodate applicants with ITINs, offering LTVs up to 85% with established credit histories or no score requirements.
How quickly can loans be processed?
We maintain fast turn times with instant status updates, same-day feedback from account executives, and Non-QM specialists providing pricing clarifications within an hour.
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