NewPoint Mortgage

What NewPoint Mortgage does

NewPoint Mortgage LLC is a Maryland-based, privately held wholesale Non-Qualified Mortgage (Non-QM) lender founded in 2021 that originates loans exclusively through licensed third-party mortgage brokers rather than via retail or direct-to-consumer channels. The company targets borrowers who cannot meet standard Qualified Mortgage criteria — primarily self-employed individuals, real estate investors, and foreign nationals — and operates a portfolio of nine distinct Non-QM programs covering P&L-only qualification, bank-statement income, Debt Service Coverage Ratio (DSCR) rental analysis, Foreign National and ITIN borrowers, stand-alone second liens, and small multifamily/mixed-use investment properties.

Operationally, NewPoint runs its broker-facing workflow on LendingPad, with a dedicated portal for loan submission and status tracking, a Quick Pricer tool for rate discovery, and an internal product matrix (Everest, Summit, Denali) used to publish guidelines to brokers. The company holds mortgage lender licenses across 41 states plus the District of Columbia (NMLS #2249250), and supports brokers with a full operational stack including a scenario desk, lock desk and secondary marketing, appraisals, closing and funding, servicing, and account management.

The business model is transaction-fee origination: NewPoint earns revenue on loans it originates and then sells into the secondary mortgage market. Pricing is not publicly disclosed; brokers access indicative pricing via the Quick Pricer tool. The company is led by President Mike Quintero, whose prior role as VP of Wholesale at a national Non-QM lender informs the wholesale-only go-to-market strategy. No outside investors, M&A activity, or revenue figures are disclosed.

Name

NewPoint Mortgage

Legal name

NewPoint Mortgage LLC

Website

https://newpointmortgage.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

NewPoint Mortgage is a wholesale Non-QM lender that originates alternative-documentation mortgages — bank statement, P&L only, DSCR, Foreign National, and ITIN — exclusively through licensed mortgage brokers across 41 states.

Ownership category

akta.pro rank

Product category

Non-QM Wholesale Mortgage Lending

NAICS

Real Estate Credit (522292), Nondepository Credit Intermediation (5222)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc) (FSALACAD)

akta.pro secondary industries

Closed-End Home Equity Loans (Second Mortgages) (FSALAGAA), Non-Qualified Mortgage (Non-QM) & Specialty Product Brokers (FSALABAG)

Keywords

• Non-QM lending
• Wholesale mortgage
• Mortgage broker services
• Alternative documentation loans
• DSCR mortgages

Headquarters

HQ city

Gaithersburg

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Mortgage Loan Origination: NewPoint Mortgage generates revenue through originating non-qualified mortgage (Non-QM) loans, earning interest income on the loans originated and sold to investors in the secondary mortgage market.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

NewPoint Mortgage is a wholesale Non-QM (non-qualified mortgage) lender that originates and funds mortgage loans for borrowers who cannot qualify under traditional agency guidelines. The company offers nine specialized loan programs—P&L Only, Bank Statement, DSCR, Foreign National, ITIN, Stand Alone 2nd Lien, 5-9 Unit Multi-Family, 2-8 Unit Mixed Use, and DSCR Stand Alone 2nd Lien—and distributes them exclusively through licensed third-party mortgage brokers via its LendingPad broker portal. Loan amounts per program range from $1M to $3.5M, with LTVs up to 90% on certain products.

Product overview

NewPoint Mortgage operates as a non-qualified mortgage (Non-QM) lender offering a suite of specialized mortgage programs designed for borrowers who do not meet traditional lending criteria. The company's product portfolio includes nine distinct programs: P&L Only (qualifies borrowers via Profit and Loss statements from CPAs), Bank Statement (uses 12-24 months of bank statements for self-employed borrowers), DSCR (Debt Service Coverage Ratio for investment property cash flow), Foreign National (for international investors), ITIN (for borrowers with Individual Taxpayer Identification Numbers), Stand Alone 2nd Lien (home equity access while maintaining existing rates), 5-9 Unit Multi-Family, 2-8 Unit Mixed Use, and DSCR Stand Alone 2nd Lien. These programs are supported by internal tools including Quick Pricer for rate calculations and a LendingPad-powered broker portal for loan origination workflows.

Differentiator

Problem solved

Functional benefit

Brands

• Quick Pricer: Online pricing tool for brokers to get loan quotes
• Broker Portal
• Everest Matrix
• Summit Matrix
• Denali Matrix

Products and services

• P&L Only Program Non-QM mortgage program that enables home ownership by qualifying borrowers using a Profit and Loss statement prepared by a licensed Tax Preparer or CPA, rather than tax returns or bank statements. Supports primary residences, second homes, and investment properties up to 80% LTV with credit scores starting at 680; designed for self-employed and small-business borrowers.
• Bank Statement Program Non-QM mortgage for self-employed borrowers that uses 12 or 24 months of business or personal bank statements to demonstrate cash flow. Offers loans up to $3.5 million, FICO as low as 620, and up to 90% LTV for borrowers who cannot qualify under standard full-doc documentation.
• DSCR Program Debt Service Coverage Ratio mortgage program that qualifies borrowers based on rental property cash flow analysis rather than personal income documentation. Targets real estate investors purchasing or refinancing investment properties, with up to 85% LTV and loan amounts up to $3.5 million.
• Foreign National Program Non-QM mortgage program for foreign nationals purchasing or refinancing second homes or investment properties in the US, allowing qualification using income from the borrower's country of origin combined with projected rental income. Offers loans up to $3 million with same-day approvals and closings within 10 business days of appraisal order.
• ITIN Program Non-QM mortgage program for borrowers who use an Individual Taxpayer Identification Number in lieu of a Social Security Number. Designed for self-employed 1099 earners and ITIN holders who cannot qualify for a full-doc mortgage, with options including 40-year fixed rates paired with a 10-year interest-only period, and up to 85% LTV.
• Stand Alone 2nd Lien Closed-end second mortgage that lets homeowners access up to 90% combined loan-to-value of their home equity while keeping their existing low first-lien interest rate intact. Loan amounts range from $100,000 to $1 million on fixed terms of 10 to 30 years, with multiple income documentation options.
• 5-9 Unit Multi-Family Program DSCR-based financing program for 5-9 unit multi-family rental properties, offering 30-year fixed and 5/6 ARM options. Qualifies investors on rental property cash flow with no personal income required, minimum $250,000 loan amount, and credit scores as low as 680. Foreign Nationals are eligible under this program.
• 2-8 Unit Mixed-Use Program Financing program for mixed-use buildings with 2-8 units zoned across residential and commercial uses. Offers 30-year fixed and 5/6 ARM options with up to 75% LTV, loans up to $3 million, cash-out up to $1 million, and qualification based on rental analysis without income documentation.
• DSCR Stand Alone 2nd Lien Closed-end DSCR second mortgage that lets real estate investors access up to 80% of property equity as a lump sum while retaining their existing low first-lien interest rate. Approval is based on credit score, property value, and DSCR, with loan amounts between $150,000 and $500,000.

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Athas Capital Group: Wholesale Non-QM lender focused on self-employed and investor borrowers with bank statement and DSCR products, competing for the same broker channel.
• Newfi Wholesale: Wholesale Non-QM lender focused on self-employed borrowers and real estate investors, distributing Non-QM products through broker partners — closely aligned to NewPoint's product and channel model.
• Angel Oak Mortgage Solutions: One of the largest wholesale Non-QM lenders in the US, offering bank statement, DSCR, and full-documentation products through TPO brokers — directly comparable to NewPoint in product breadth, distribution, and target borrower.
• LoanStream Mortgage: Wholesale Non-QM lender specializing in alternative documentation products for self-employed borrowers — a direct competitor for broker-sourced Non-QM submissions.
• Verus Mortgage Capital: Specialty Non-QM/Capital markets mortgage lender that originates and securitizes non-qualified residential loans, competing with NewPoint for broker-sourced Non-QM production.
• Deephaven Mortgage: Non-QM wholesale and correspondent lender focused on self-employed borrowers and investors, with product offerings that overlap NewPoint's bank statement and DSCR programs.
• Plaza Home Mortgage: Wholesale and correspondent lender with a dedicated Non-QM division serving self-employed, investor, and foreign national borrowers — comparable product mix and broker channel to NewPoint.
• Lakeview Loan Servicing: Specialty mortgage platform with deep Non-QM and investor product expertise, often acting as a correspondent investor for Non-QM production — directly comparable to NewPoint's non-QM focus.

Broad incumbents

• Home Point Financial: National mortgage originator with wholesale, correspondent, and servicing operations including Non-QM offerings — broader incumbent competing in the same broker-sourced non-QM space.
• Caliber Home Loans: Large national mortgage originator with Non-QM/correspondent capabilities as part of a broader retail, wholesale, and correspondent platform — broader than NewPoint but overlapping on Non-QM product.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/newpoint-mortgage-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 NewPoint Mortgage