Broker First Funding
250 East Baker Street Suite 200 Costa Mesa, CA 92626, Costa Mesa, CA 92626
https://bffws.com/
Internal Reviews
(9 reviews)
Total loans closed with Loan Factory
17,923
Total loans closed with Loan Factory (past 12 months)
14,516
Lender overview
Basic information
(California Only) Flexpoint, Inc. DBA Brokers First Funding ISAOA/ATIMA 250 Baker St Suite 200 Costa Mesa, CA 92626 ------ Florida FLEXPOINT INC.,dba Flexpoint Home Loans Inc. ISAOA/ATIMA 250 BAKER ST., SUITE 200 COSTA MESA, CA. 92626 ----- All others FLEXPOINT INC. ISAOA/ATIMA 250 BAKER ST., SUITE 200 COSTA MESA, CA. 92626
(California Only) Flexpoint, Inc. DBA Brokers First Funding ISAOA/ATIMA 250 Baker St Suite 200 Costa Mesa, CA 92626 ------ Florida FLEXPOINT INC.,dba Flexpoint Home Loans Inc. ISAOA/ATIMA 250 BAKER ST., SUITE 200 COSTA MESA, CA. 92626 ----- All others FLEXPOINT INC. ISAOA/ATIMA 250 BAKER ST., SUITE 200 COSTA MESA, CA. 92626
Lock policies & Fees
Lock Policies
Wholesale Brokers may request a rate lock extension within 15 days before the lock expiration date. Rate Locks may only be extended for a maximum of 15 days from the original expiration date at a cost of 0.025% (2.5 basis points) per day and a maximum of forty-five (45) days total.
N/A
Lender's niche & Overlays
Bank Statements Loan- we accept multiple bank statements to qualify, we can go as low as 10% business expense, we allow institutional 2nd behind our first (we can do the 1st and 2nd)
Profit and Loss: If the P&L is prepare by CPA, CTEC, or EA we don’t need 2 mos bank statements. The letter can state that that the tax preparer attest to prepare the taxes or it can say REVIEW.
ITIN-we can go up to 85% LTV full doc. We also have profit and Loss for this program as well.
Brokers First Funding we will do loan amount exceptions and Ltv exceptions with good compensation factors.
Not sourcing large deposits Using the higher FICO among all borrowers
We have the best services out there, we fund loans faster than any lenders, and we match most pricing!
Lender turn time
2
1
1
Review - Broker First Funding
5
9 reviews
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