Delegated vs Non-Delegated Lending

What’s the Difference Between

Delegated and Non-Delegated Correspondent Lending?

At BluePoint Mortgage, we primarily focus on wholesale mortgage lending, helping mortgage brokers serve their clients with a wide variety of Non-QM and Agency loan solutions. However, for the right partners, we also offer Delegated and Non-Delegated Correspondent Mortgage Lending options—designed for experienced lenders who want to fund and sell loans using their own warehouse lines. This flexibility allows you to choose the channel that best fits your lending model and helps you grow your mortgage business.

At BluePoint Mortgage, we work with two primary types of correspondent lenders: Delegated Correspondent Lenders and Non-Delegated Correspondent Lenders. The key difference comes down to who manages the underwriting process.

With Delegated Correspondent Lending, lenders have the authority to underwrite mortgage loans in-house. This means faster loan turn times, more flexibility on approvals, and greater control over the lending process—since the correspondent sets and follows their own guidelines.

On the other hand, with Non-Delegated Correspondent Lending, the investor (loan buyer) underwrites each loan. As a result, the process can take longer because the loan file must go through an additional external review before funding. 

To learn more about our Correspondent lending channels contact us here

To speak to an AE and learn more about our Wholesale channel contact us here