Announcement of new loan products for mortgage brokers

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Innovative services help develop new and existing partnerships”

NEWPORT BEACH, Calif., September 20, 2022 /PRNewswire/ — BluePoint Mortgage is excited to launch its upcoming solutions for mortgage brokers.

Severe economic hardship often results in fewer loan options for borrowers who depend on the liquidity of a variety of personal assets or investment properties.

To serve the needs of its broker partners within the company’s operational footprint in 30 U.S. states and washington d.c.BluePoint Mortgage proudly extends its support to Independent Mortgage Brokers.

Recent enhancements to some commodity products, such as non-QM loans, include a Written Verification of Employment (WVOE) Loan, which allows a borrower to qualify for a home loan with a WVOE completed by the borrower’s employer, and an I/O loan, which allows a borrower to reduce their initial monthly payment for the first 10 years by making interest-only payments, followed by fully amortized payments for the remaining 30 years of the loan . Other enhancements to BluePoint’s non-QM products include a ratio-free option for its investment property loans (DSCR) and preferable income requirements for self-employed borrowers requiring only one year of personal and business tax returns instead. two years of documentation. These product enhancements provide a competitive advantage to brokers who partner with BluePoint Mortgage.

“Our goal is to continually expand our lending products and trusted support for our mortgage brokers,” said Sam SuleimanCEO of BluePoint Mortgage.

The expected response for ultra-competitive non-QM pricing, faster closing speed, and concierge services for approved brokerage partners has increased BluePoint Mortgage’s desire to hire experienced account executives. Interested candidates can apply here: https://bluepointmtg.com/careers/

BluePoint Mortgage updates are based on over 30 years of experience and emerging advances in the financial industries. Lessons learned are shared with employees and broker partners to help educate borrowers on home buying opportunities.

About the BluePoint Mortgage

We accelerate non-QM, FHA, VA, and conventional loan programs for a growing list of mortgage brokers across the country.

The Scotsman Guide ranks BluePoint Mortgage in its list of the top 20 wholesale lenders and among the top two 100% wholesale lenders on the list.

The company does not offer personal loans.

BluePoint Mortgage is based in Newport Beach, California. NMLS ID # 320004, BRE # 01403107.

For more information, visit Bluepointmtg.com or call (877) 267-1056.

SOURCE BluePoint Mortgage

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