BFF is built for the loan files that need a lender who actually understands Non-QM. Bank statements, DSCR, foreign nationals, ITIN, DPA — if it makes sense, we find a way. Partner with us and give your borrowers options that actually close.
Approval Timeline
From application
to first submission
BFF is selective about who we partner with. Here’s what we look for in the approval process.
No.
Most broker approvals are completed within 2 business days of receiving a complete application package. Completeness matters — if your license number doesn’t match, or a form isn’t signed, we’ll contact you to resolve it, which can add time. The fastest path is the DocuSign version: complete everything in one session and BFF receives it instantly.
No — the standard broker application package covers primary residence, second home, and owner-occupied residential loans including Non-QM (bank statements, P&L, 1099, etc.), FHA, VA, USDA, Fannie Mae, Freddie Mac, Jumbo, and DPA programs. The business purpose addendum is only required if you intend to submit DSCR loans, investment property transactions, or other business purpose loans. You can add the business purpose application later if your book expands to include investment property.
No. There is no application fee, annual fee, or partnership fee to become an approved BFF wholesale broker. Approval is based entirely on your licensing, compliance, and professional qualifications. You earn compensation on each closed loan through the standard broker compensation model.
BFF is licensed in 39 states. You can view the complete list of licensed states with license types and numbers on the State Licensing page. New York is expressly excluded. For business purpose loans, some states have additional broker licensing requirements — download the Business Purpose License Requirement map for details.
BFF can be your first wholesale lender relationship. We don’t require existing wholesale experience. What we do require is an active mortgage broker license and NMLS compliance. If you’re newly established as a broker, your AE can walk you through the submission process step by step once you’re approved.
If you submitted a PDF application and haven’t received a response within 2 business days, contact brokerapproval@bffws.com with your company name and NMLS number so we can locate your file. Common reasons for delays: NMLS mismatch, or missing W-9. We’ll tell you exactly what’s needed and get it resolved quickly.
Complete the broker application in under 15 minutes via DocuSign. Approval in 1–2 business days. We Deliver.
