#ThursdaysThoughts – #Niches are the Game! #GetOnPoint with #BluePointMtg I’ve been talking to a lot of people recently that have asked, what are your “niches” what do you do that’s different? We are a true wholesale lender for #MortgageBrokers and our core business is #Niche loans. FHA/VA/CONV we do and consists of 70% of our business! Remember VA and Conventional loans can go LP (Freddie) instead of Fannie (DU)! Many seem to forget that.
Besides Home Possible, Home One, CALHFA (FHA), and manually underwritten loans we have many other options. Including MI types, I talk in today’s video briefly on the types of delegated MI we have. 203H, is mentioned, and Reverse and Non-Agency loans! From a lender view we give our partners options to go borrower paid, or lender paid, to disclose on your own, or offer to disclose for you, and even change your comp monthly as needed. #StayCompetitive
My thing is to help LO’s get paid! We all love loans, but like the payday the best I bet. So if you’re in the same boat, and want a SPEED AND SERVICE NICHE LENDER in your arsenal! Let’s chat Loans! As I always say, I ♥ “I gotta guy” questions! 🙂
#TwoforTuesday – Manually underwritten or Approved/Eligible! The loans you have are one or the other. Today I want to remind all LO’s some reason’s why loans are manually downgraded. And that options exist.
Bonus reminder, Two 4 Tuesday style, VA loans can be DU Approved/Eligible or LP Accept. Often times LO’s forget to run LP on VA loans. That’s one product that can be either or. ↓
You either #GetOnPoint or you are not hooked up yet! Might as well arm yourself and team with options. Get on Point with #BluePointMtg and have manual and approved options for your borrowers. CLICK HERE – Let’s do business!!
Offering .25 incentive to all new “first” loans from broker’s in April. Let’s bloom together! Want to check out rates, programs or send me a scenario? Text the word “Juiceman” to 33655 and download my app. Take a scroll through the links and submit me a scenario real time.
#ThursdaysThoughts – #GuidelineWeek – Guideline week in full effect, hope you’ve enjoyed the shows this week. We are going over the most commonly asked questions on guidelines for Conventional and FHA this week. I throw in a few VA guides here and there this week, but this is all centered around the biggest subjects. Today and tomorrow we go over collections, disputes, liens, judgments, and gift guides. ↓
I ♥ “I gotta guy” questions and want to help you anyway I can to help bring loans to life. Questions on guidelines? You can check the guideline matrices on my website here — GUIDELINES
As for me, I’m wrapping up a successful Feb and rolling right on pace for my goals in the first quarter 2019. Are you? If not we should chat.
#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!
#WhackedOutWednesday – In today’s edition we go over #Guidelines for conventional to accompany yesterdays FHA guides. And of course I talk about more JUICY webinar stuff. Join Us In Creating Excitement #JUICE this FRIDAY at 10 am EST! To sign up CLICK HERE!
Collections, Judgments and Disputed accounts are the most commonly asked questions that mess up LO’s with loans. On conventional loans what you need to remember is the property type dictates the guidelines. And ALWAYS READ your DU/LP findings folks. No matter what. It spells out everything.
The NUMBER 1 thing I get from others regarding why they haven’t taken advantage of the #Reverse loans is that’s it’s hard. It’s new to them, they don’t know it, don’t know how to sell it, and seems to take longer or have more paper work. Some of which is right. @BluePointMtg we are revolutionizing the way LO’s get to take advantage of the reverse mortgage loan and help more borrowers. Providing a solution to help complete the reverse loan with ease. The way to get started is to sign up for the webinar and to partner with a “Niche” wholesaler to add products to your lending arsenal.
The WEBINAR – What’s it all about again? – Well at this time of the year every year things begin to “slow down”. But they don’t have too, I’ve been teaching LO’s how to expand their business for years with referral partners at various times of the year. It’s all about how to take advantage of the seasons, and trends in lending. It all coincides with niche marketing and segmentation. And if you’re a LO, this is how to grow your business year over year. See you on the webinar – Sign up HERE!
The JUICEman! 