Monthly Archives: September 2018

Mortgage Originators

Thursdays Thoughts – The Offer!

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#ThursdaysThoughts – The Offer! – While I do short links and promote my Wholesale Lender under the video’s the main content I have is not always “selling me” and what I do.  I try purposely to put out there a ton of value for all in the #MortgageIndustry first and foremost.  I post guidelines, motivation, selling tips, tricks and lead gen suggestions all the time.  Today, I promote the offer!

@BluePointMtg we are a true mortgage broker partner.  We are BRAWL friendly and provide a ton of options for the independent Mortgage Broker to grow their product mix.  We are value centered around communication, easy of use, and speed and service.  But not just on the average everyday John Smith client for a mortgage.  We specialize in #Niches for mortgage Brokers.  From offering options like Bank Statement loans, W2 only, Alternative documentation, investor loans, options for as low as 500 FICO or where others have overlays.  (550 FICO on FHA/VA) – We look to truly partner with our Mortgage Broker partners across the US.  From Niche offerings like Reverse loans or 5 million dollar JUMBO, to non-warrant-able condos.   Options for Lender Paid or Consumer Paid transactions, to flexible adjustments on a Lender Paid Compensation agreement, to the ability to use over 25 AMC’s.  Our mission is to help our Mortgage Broker partners close more loans.  If you’re a Mortgage Broker and want to add Niche products to your lending arsenal let’s chat, CLICK HERE! 

We are a direct lender ourselves, and offer the control, and communication that our partners are looking for.  We underwrite 99% of our products in house, and do not have to send out to other investors for second sign off.  If We issue an approval it’s the #RealDeal.  We also offer #TBD underwrite opportunity to our active partners that need us.  And the benefits of working with BluePoint Mortgage don’t stop there.  We even have tools to help our Broker’s continue to source new business with our product offerings.

We would ♥ to partner with you!  As we are growing in times where others are shrinking, I am blessed to offer as much help to those We partner with.  Get on Point with BLUEPOINT today! CLICK HERE!

**In Closing today – We are growing, and we are seeking talent and those that see opportunity with a growing wholesale lender to partner and grow a pipeline themselves.  If you know a great seasoned AE (Account Executive) – I just started taking resumes and would like to know from you who you recommend!

As Always – #SellWell

Mortgage Originators

Two for Tuesday – Guideline Day!

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#TwoforTuesday – It’s a guideline day! FANNIE MAE TOOK AWAY PIW’S!!!  Find out what the deal is today in the video! I also detail asset depletion income calculation.

Short and sweet, it’s #LunchNLearn today!

#GetonPoint with #BluePointMtg by CLICKING HERE! We’re adding “Niches” to our Mortgage Broker’s lender arsenal left and right, why not your’s?

#LetsDoBusiness

In the office helping structure loans.

#SellWell

Mortgage Originators

Mondays Motivation – Structure or Busy?

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#MondaysMotivation – Are you structured to reach your goals by actively doing productive activities or are you just “busy”?  We all make goals it seems but some people are more focused on hitting them than others.  WHY?  What makes people hit their individual goals they set for themselves?

One answer is my favorite, GRIT! They grind it out everyday with purpose.  Weather they know it or not, those individuals striving towards their goals are probably actively doing the productive tasks more to reach them.  My #Challenge for you is to write down your “activities” during the day and actively focus on the productive work that can help you reach your goals.  Don’t just go through the motions of being busy!

This week, I am aiming at my own productive activities to hit my goals.  Are you?  Hit me up in the office all week, I’m focused on helping Broker’s submit loans and help with scenarios’ to make loans come to life!  We also updated our SUBMISSION FORM on the website.  It’s now easier to submit a skinny package and have BLUEPOINT MTG disclose for you!

Submit Today!

As Always – #SellWell

Mortgage Originators

Thursdays Thoughts – Get Creative!

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#ThursdaysThoughts – #LUNCHNLEARN – Get Creative – In today’s market place if you are just showing the same options as everyone else and you’re not “niching” a specialty or making yourself be indifferent, things might get hard.  What I suggest to do is get creative when presenting options.  #BenefitSandwich Again…

One way to do this with a typical 1st time home buyer is to show them options with MI certs.  With a first time home buyer the MI option to have split, or lender paid, or single premium all could allow the borrower to qualify for more of a house.  Structuring the loan upfront to make sure it can close and allow the borrower to do is key.  This could mean going borrower paid, or increasing the rate, or gaining seller contributions etc.  But the bottom line is what a recent broker did was genius and a great idea that I wanted to share with you.  By being indifferent I bet they gained business.

BluePoint Mortgage is a niche lender, we don’t have just “one niche” we have many, and you can use these niche’s to stand out as a product expert in your market place.  Making yourself indifferent than someone else.  Adding value and coming across as the expert at the same time.  This idea from a Broker is genius and I know they will continue to get more loans as a result of their thinking this way to differentiate themselves from the competition.

YOU TOO CAN GET ON POINT – WITH BLUEPOINT! CLICK HERE! 

As always – #SellWell

Mortgage Originators

Whacked Out Wednesday – LO’s structure!

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#WhackedOutWednesday – LO’s structure is important.  What you “sold” to the client you should try to make a reality.  What I mean is at the end of the month this happens all the time.  If you “sell” a certain cash out, or a certain cash to the table, as the CD is being made (1st time) you should take a close look to see if anything in the structure needs to change.  But once the lenders instructions go out, you as an LO have always had the responsibility to “sign off” on it.

Once title or escrow company is making the final CD, make sure you see it first.  Make sure you are approving it.  If there needs to be changes then have them completed.  The CD / The HUD it’s always been the same, that title or escrow company needs to send it back to the lender for “approval”.   Worst case is the CD isn’t approved and new instructions are sent to change X Y or Z are sent back to title/escrow.  Don’t wait around all day for a new set of lenders instructions just to make a quick structure change that should be warranted.  Remember most lenders systems are transparent, and all LO’s/Broker’s should be checking the RATE, the LOAN AMOUNT and DETAILS of TRANSACTION within a lenders system PRIOR to the CTC anyway.

These are best practices, and ways a LO/Broker can take back control over their transaction.  Don’t wait for minor changes to be made at the end, make them happen early in the transaction.  Or right about the time you send in all conditions to be exact.  No way you should be CTC and getting docs and find out the rate is wrong, or the cash to close isn’t right.  GET ON POINT WITH BLUEPOINT today, we’re growing and helping LO’s get it right the first time.  CLICK HERE and let’s do some business!

  • BANK STATEMENT LOANS
  • FHA/VA 550 FICO
  • CONVENTIONAL DU/LP
  • REVERSE
  • INVESTOR DSCR (NIVA Loans)
  • NON-AGENCY JUMBO (up to 5 Mill)
  • NOT YOUR TYPICAL WHOLESALE LENDER

NICHES are the name of the game @BLUEPOINT MORTGAGE! And we help Broker’s grow their pipeline with them.  Let’s talk loans, Text Juiceman to 33655 and gain a copy of my business card.  You can run scenarios, rates, and even get a hold of me directly.  What loan can we help you with today?

As Always – #SellWell