Loan Programs | BluEleven Mortgage

Loan Programs That Fit You

From conventional loans to specialty programs for investors and self-employed borrowers — competitive rates, fast closings, and expert guidance at every step.

✓ No upfront fees
✓ Close in as little as 7 days
✓ Loans up to $3.5M
✓ Credit scores from 620
Self-Employed

Bank Statement Loan

Use 12-24 months of personal or business bank statements instead of tax returns.

  • Credit scores from 620
  • LTV up to 90%, up to $3.5M
  • No W-2s or tax returns needed
  • Interest-only options available
Investor

DSCR Program

Qualify based on property cash flow. No personal income or employment verification required.

  • Credit scores from 660
  • Up to $2.5M, 1-4 units
  • Vest in LLC or corporation
  • AirBnB / short-term rental OK
High Net Worth

Asset Utilization

Qualify using liquid assets divided by 60 months. Ideal for retirees and high-net-worth individuals.

  • Credit scores from 660
  • LTV up to 80%, up to $3.5M
  • No DTI qualification option
  • Retired borrowers welcome
Jumbo

Jumbo Loan

Financing for luxury homes and high-value properties beyond conforming limits.

  • Loan amounts up to $3M
  • Competitive rates for well-qualified borrowers
  • Primary residences & second homes
  • No PMI with 20% down
Fast Close

Bridge Financing

Short-term loans that close in 3-7 days for time-sensitive transactions and quick liquidity.

  • Close in as little as 3 days
  • Short-term second mortgages
  • Buy before you sell
  • Flexible qualification
Self-Employed

P&L Only Loan

No bank statements needed. Qualify using a CPA-prepared profit and loss statement.

  • PTIN allowed
  • P&L reviewed — not filed
  • 12 months self-employment
  • Great for freelancers & gig workers
Home Equity

HELOC

Home Equity Line of Credit — flexible access to funds when you need them.

  • HELOC up to $3.5M
  • Draw funds as needed, pay interest only on what you use
  • CLTV up to 90%
  • Flexible revolving credit line
Home Equity

Second Mortgage

Fixed-rate lump sum loan using your home's equity — keep your low first mortgage rate.

  • Second lien up to $1M
  • Fixed monthly payments
  • CLTV up to 85% (primary)
  • Investment properties eligible
Multi-Family

DSCR 5-9 Unit

Multi-family property loans for business-purpose borrowers with flexible terms.

  • Credit scores from 680
  • Up to $2M, LTV up to 75%
  • Vest in LLC or corporation
  • Interest-only options
Popular

Conventional Loan

Fixed-rate mortgages for primary residences, second homes, and investment properties.

  • Credit scores from 620-660
  • Down payment as low as 3%
  • Primary, second home & investment
  • PMI cancellable at 20% equity
Government

FHA Loan

Government-backed mortgage with lower down payments and flexible credit requirements.

  • Down payment as low as 3.5%
  • Credit scores from 580 with 3.5% down
  • First-time homebuyer friendly
  • 203(k) renovation loans available
Government

VA Loan

Zero-down mortgage for Veterans, service members, and eligible surviving spouses.

  • $0 down payment
  • No Private Mortgage Insurance (PMI)
  • Competitive interest rates
  • VA IRRRL streamline refinance available
FAQ

Frequently Asked Questions

What credit score do I need to qualify?
It depends on the program. Our conventional and DSCR programs start at 660, while bank statement and non-prime programs accept scores as low as 620. FHA loans may accept even lower scores. Contact us for a personalized assessment.
How fast can you close a loan?
Standard closings take 21-30 days. Bridge loans and short-term financing can close in as little as 3-7 days. Our streamlined process and in-house underwriting allow us to move faster than most lenders.
Do I need to provide tax returns?
Not always. Our bank statement, DSCR, P&L only, stated income, and asset utilization programs do not require tax returns. These are designed for self-employed borrowers, investors, and retirees.
What is the maximum loan amount?
Most of our programs go up to $3.5 million. Jumbo Prime loans go up to $3 million. DSCR 5-9 unit loans go up to $2 million. Contact us for specific program limits.

Ready to Apply for a Loan?

A loan officer will reach out within 24 hours with a personalized rate quote and program recommendation.

Start Your Application →

Powered by BluEleven Capital Corporation · NMLS #1888223 · Licensed by the California Department of Financial Protection and Innovation. Equal Housing Opportunity. All loan programs subject to credit approval and property eligibility. Rates, terms, and conditions are subject to change without notice. Not a commitment to lend.

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Who Should Become a Loan Officer and Why?

Insurance Agents

Insurance agents already have a strong client base seeking financial security. By becoming a loan officer, they can offer mortgage solutions alongside insurance products, creating more value for clients and increasing their earnings through commission-based loan closings. Their expertise in risk assessment and financial planning makes them well-suited for this role.

Realtors

Realtors thrive on home sales and adding mortgage origination to their services can provide a seamless experience for clients. By becoming a loan officer, they gain control over the financing process, reduce deal fallout, and unlock an additional revenue stream. This dual role strengthens client relationships and enhances their ability to close transactions faster.

Wealth Management Advisors

Wealth advisors guide clients on financial growth and stability, making mortgage lending a natural extension of their expertise. By offering tailored financing solutions, they help clients leverage assets, optimize debt, and structure real estate investments wisely. This not only strengthens client trust but also diversifies their service offerings, increasing long-term revenue potential.

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