Brokers First Funding

What Brokers First Funding does

Brokers First Funding (legal entity FlexPoint, Inc. DBA Brokers First Funding, NMLS #243082) is a wholesale-only U.S. mortgage lender founded in 2010 and headquartered at 3100 Bristol Street, Suite 100, Costa Mesa, California. The company originates exclusively through licensed third-party mortgage brokers and loan originators across 40+ states, with no retail or direct-to-consumer channel. Its customer base is the broker community, while end-borrowers are served indirectly through broker-submitted files covering self-employed, investor, foreign national, ITIN, government, and conventional scenarios.

The product shelf spans more than 20 loan programs organized into Non-QM (Bank Statement, DSCR for 1-4 unit and 5-8 multifamily, Cross Collateral DSCR up to $6.25M, Full Doc Non-QM, 1099, Asset Utilization, P&L, ITIN, Foreign National, Home Equity, Jumbo) and QM/Agency (Fannie Mae via DU, Freddie Mac via LPA, FHA with zero overlays, VA, USDA), plus down payment assistance programs including the proprietary BFF DPA and CalHFA offerings. Brokers interact with the company through a proprietary Broker TPO Portal (loan submission, document upload, pipeline management, rate locks), a Quick Pricer scenario pricing tool, the ValueLink appraisal management integration, and dedicated Account Executives. BFF reports average initial CTC decisions within 48 hours (36 hours for DSCR and Bank Statement) and requires no broker approval fees.

Revenue is generated purely transactionally through loan origination fees on closed loans — no upfront, subscription, or approval fees are charged to brokers. The firm has no disclosed institutional funding, no parent company, and no subsidiaries, and it is currently building out senior leadership (CMO, VP of Capital Markets, expanded sales leadership) and physical capacity in 2026 alongside a brand refresh.

Name

Brokers First Funding

Legal name

FlexPoint, Inc. DBA Brokers First Funding

Website

https://bffws.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Brokers First Funding is a wholesale-only U.S. mortgage lender (FlexPoint, Inc., NMLS #243082) offering 20+ Non-QM and QM loan programs to licensed mortgage brokers across 40+ states via its Broker Portal, Quick Pricer, and dedicated Account Executives.

Ownership category

akta.pro rank

Product category

Wholesale Mortgage Lending

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Wholesale Mortgage Lending (Broker Channel) (FSALACAA)

akta.pro secondary industries

Government Wholesale Lending (FHA/VA/USDA) (FSALACAE), First-Time Homebuyer (FTHB) Mortgage Origination (FSALAAAG)

Keywords

• Wholesale mortgage lending
• Non-QM loans
• Broker channel lending
• Mortgage loan origination
• TPO lending programs

Headquarters

HQ city

Costa Mesa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Loan Origination Fees: BFF earns revenue through loan origination when broker deals close. No upfront or approval fees are charged to brokers — the company generates revenue only when loans fund.
2. Wholesale Mortgage Lending: As a wholesale lender, BFF originates mortgages through the broker channel, earning origination income on closed loans. Products include Non-QM, agency/government loans, and specialty programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Brokers First Funding (FlexPoint, Inc. DBA Brokers First Funding) is a wholesale-only mortgage lender that funds loans exclusively through a third-party originator (TPO) broker channel. It offers 20+ loan programs spanning QM/Agency and Non-QM products, with no upfront broker approval fees, an in-house broker portal with real-time scenario pricing, and average 48-hour turn times. The company is licensed across 40+ U.S. states (NMLS #243082) and operates from Costa Mesa, California.

Product overview

Brokers First Funding (BFF) is a wholesale-only mortgage lender (NMLS #243082, operating as FlexPoint, Inc. DBA Brokers First Funding) offering a comprehensive shelf of 20+ loan programs through a proprietary Broker Portal platform. The core offering is organized into three program categories: Non-QM wholesale programs (Bank Statement, DSCR 1-4 Unit, DSCR 5-8 Multifamily, Cross Collateral DSCR, Full Doc Non-QM, 1099, Asset Utilization, P&L Statement, ITIN, Foreign National, Home Equity, Jumbo) serving borrowers outside agency guidelines; QM/Agency programs (Fannie Mae, Freddie Mac, FHA, VA, USDA) for standard qualified mortgages; and Down Payment Assistance programs (BFF DPA Program, CalHFA Conventional, CalHFA Government FHA) providing 100% financing solutions. Brokers interact with BFF through the Broker Portal (loan submission, document upload, rate locking, pipeline tracking), Quick Pricer (real-time scenario pricing), and dedicated Account Executives. BFF operates exclusively in the wholesale channel, never competing with brokers on retail originations.

Differentiator

Problem solved

Functional benefit

Products and services

• Broker Portal Secure web-based TPO portal used by independent mortgage brokers to register, lock, price, and submit loans to Brokers First Funding for underwriting and funding.
• Quick Pricer Real-time scenario pricing engine available on the broker portal that lets TPO brokers price loan products, lock rates, and run what-if scenarios before submitting a loan file.
• Non-QM Wholesale Loan Programs Suite of non-QM products sold to TPO brokers, including Bank Statement (self-employed), DSCR (investor), 1099 Only, Asset-Based, Interest-Only, and Foreign National programs for borrowers who do not fit agency guidelines.
• QM / Agency Loan Programs Agency-conforming and government loan products (Conventional, FHA, VA, USDA, Jumbo) offered to TPO brokers for prime, agency-eligible borrowers.
• Down Payment Assistance Programs DPA offerings made available to TPO brokers to help qualified borrowers cover down payment and closing costs on agency and select non-QM transactions.

Quantifiable outcome

• 48-hour average turn time for initial CTC decisions
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core.

• Fannie MaecoreTechnology or IntegrationBFF originates loans eligible for Fannie Mae delivery through Desktop Underwriter (DU). Fannie Mae programs include standard conventional and HomeReady affordable lending.
• Freddie MaccoreTechnology or IntegrationBFF originates loans eligible for Freddie Mac delivery through Loan Product Advisor (LPA). Freddie Mac programs include HomeOne and HomePossible.
• FHA / HUDcoreTechnology or IntegrationBFF originates FHA-insured mortgages following HUD Handbook 4000.1 directly with no additional overlays.
• VA / Veterans AffairscoreTechnology or IntegrationBFF originates VA-guaranteed loans for veterans and active duty service members including purchase, cash-out, and IRRRL refinance.
• USDA Rural DevelopmentcoreTechnology or IntegrationBFF originates USDA Section 502 Guaranteed Loans for eligible rural and suburban properties with 100% financing.
• CalHFA (California Housing Finance Agency)coreGTM or Marketing PartnerBFF participates in CalHFA's MyHome down payment assistance program for California first-time homebuyers. CalHFA Conventional and CalHFA Government FHA programs are offered through BFF.
• ValueLinkcoreTechnology or IntegrationBFF uses ValueLink for appraisal management — ordering and tracking appraisals through the AMC portal.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/brokers-first-funding

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brokers First Funding