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Bridge is a bad credit mortgage lender that provides 100% refinancing countrywide with conventional, FHA home refinance loans, 30-year fixed rate VA mortgages and debt consolidation for good people with a questionable credit scores. Apply Now! We offer prime and sub-prime home loans, but our mission is to find a home loan for everyone regardless of their good or bad credit history.

We are a nationally distinguished full service mortgage lender with several decades of financial experience with Fannie Mae conventional home loans, poor credit refinancing, FHA purchase transactions and home equity loans.

 

Refinancing your mortgage can be a good idea, but is now the best time to revise your existing home loan terms?

What type of mortgage refinance do you qualify for? Conventional, FHA or Sub-Prime home loans? For example, if you have bad credit, a FHA mortgage loan should be considered because they feature a low interest rate.

There are several considerations you should make before rushing into a new refinance.

1. First of all, how long do you plan on staying at your current residence?

2. Do you need to consolidate any consumer debt like credit cards or personal loans because the payments are adjusting with high rates?

3. Will this new home refinance loan reduce your mortgage payments monthly without adding years on your loan?
 

Both Home Equity and Refinance Loans can be very pragmatic tools for homeowners who consolidate variable rate debt. In some cases, borrowers can actually convert their bad credit debts into a positive trade line that could increase your poor credit score.

Most people take out home equity loans because they are efficient methods for raising capital for home improvement financing and refinancing personal bills that have high interest rates.

Mortgage rates are higher with equity loans than with first mortgage loans and refinancing will actually require less equity than the 2nd mortgages demand.

Home equity credit lines and "stand-alone" 2nd mortgages are very difficult to qualify for in this credit crunch era.

Some people may need to refinance their mortgage to get cash out especially if you have no equity and need a 100% loan.

 

Consider the fact that not only do homeowners save more money when they refinancing their credit obligations into a mortgage loan with a 30-year fixed interest rate, but they earn additional tax incentives because the IRS allows homeowners to deduct interest with 1st mortgages 100%. However homeowners taking out a home equity loan may be limited to tax deduction for home equity interest up to $100,000.

Debt consolidation provides tax relief, payment reduction and of course peace of mind. You can consolidate debt in a free standing home mortgage loan. The ability to trim your high rate credit cards with a tax deductible fixed rate mortgage is powerful!

Recent Home Mortgage News

Congress just passed significant loan limit increases with conventional and government backed mortgages. This will have a positive effect for conforming, VA and FHA mortgage loans. Congress introduced the 2008 loan limits as temporary, so homeowners are rushing to refinance in case the mortgage loan amounts are reduced back in 2009 and property values continue to decline.

Company History of Bridge Mortgages

In the spring of 2000, Bridge Mortgages opened a new loan branch in San Diego, California and our niche began and remains with bad credit home refinancing. We continue to open up Home Loan branches in Alabama, Arizona, Nevada, Oregon, Louisiana, Washington, Colorado, Texas, Ohio, Maryland, Minnesota, Pennsylvania, Virginia and Florida in order to meet the growing home refinancing demand for local markets.

Over the years, Bridge Mortgages has evolved into mortgage refinance lender with market niches in government FHA loans, sub-prime mortgage, Alt A, and home equity loan programs. Bridge Mortgages is authorized to originate first and second mortgage loans in most states.

Bridge Mortgages can help you with Refinance, Purchase or Qualify to Get Cash Back by Refinancing or taking out a new home equity loans.

For borrowers who need concurrent refinancing, check out preferred lending partner, who provides combo mortgage refinance loans that include 90 to 100% prime and FHA home mortgages.

Bridge Mortgages is dedicated to superior home refinance loan and purchase products. Our loan officers and mortgage processors make it their missions to always offer friendly customer service.

Our company is supported by a group of trusted mortgage loan lenders who make it easy for borrowers to find our competitive and innovative financing solutions online with quick loan approvals.

As interest rates for 1st mortgages declined again, many consumers are considering buying a new home with more reasonable prices in most real estate markets countrywide. 1st time homebuyers are using more FHA and conventional home loans rather than financing with the risky sub prime loans that were so popular a few years back. Home equity line rates are low but more equity is required in this market because of the high foreclosure rate. Clearly 30-year fixed rate home loans have once again become the mortgage of choice.

Home Mortgage Refinancing - Great idea for 1st-time home-buyers. Bridge Mortgages offers 100% refinancing to $ 650,000. Refinancing all of your credit card and variable interest debts into your mortgage can save you thousands of dollars! There is no mortgage insurance required, but certain loan limits do apply.

Jumbo Home Loans - You can finance homes with jumbo mortgages from $417,000 up to $2,000,000 and still qualify for a competitive low rate that works within your budget. Ask a Bridge loan officer about the special rates that may be available for non-conforming and jumbo home loans in your state.

Home Equity Loans to 125% - This was a very popular loan for refinancing variable rate cards until the credit crunch caused the 125 guidelines to tighten beyond belief . These loans require excellent credit and high disposable income exceeding $4,000 a month. If you qualify for this mortgage loan, use it to pay off high interest debt or financing home construction. No equity is needed, so get approved while this program is available with low interest rates.

VA Home Purchase Loans to 100% - Preserve your cash-flow. Veterans can finance the cost of buying the house and keep your money in the bank. This home purchase programs allows first time homebuyers to truly qualify for no money down loans. 100% financing can be a reality.

FHA Mortgage Refinancing for Poor Credit - Available from 500 credit scores and up, Bridge Mortgages offers people loans 1-Day out of Bankruptcy. If you are a homeowner with credit card debt, or an adjustable rate mortgage, look no further. Bridge Mortgages offers many bad credit mortgage options but with FHA, we recommend fixed mortgage rate loans.

Conventional Home Loans - Traditional mortgage lenders provide home loans that meet the Fannie Mae or Freddie Mac conforming guidelines for residential lending.

For more loan information about our guidelines and interest rates, please visit our Mortgage Loan Overview.

Stay up to date with current mortgage industry news: At Bridge Mortgages, we will help you utilize your home equity wisely. Our loan experts will find the right debt consolidation solution for saving you money!

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Licensed by the California Dept. of Corporations under California Finance Lender Law

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Check out the latest Refinance Loan Programs Available for:
* Non-Conforming Jumbo Home Loans
* FHA Streamline Refinancing
* ARM Home Equity Loans
* Conventional Adjustable Rate Loans
* Variable Rate Second Mortgages
* Bad Credit / Bankruptcy Refinance
Short Term Low Rate Refinancing
Conventional Home Mortgage Loans
Paying off Credit Card Debt

Jumbo Home Loans 1% Home Mortgages


Refinance and Get Cash!

80-20 Zero Down Home Loan
Credit Scores for Refinancing
VA Home Loan Financing to 100%
FHA Home Refinance
Negative Amortization Mortgage Article
History of Fannie Mae
Negative Amortization & Payment Choice
Combined Loan to Value with Second Mortgages
Conventional Home Mortgage Loans

Debt consolidation is a loosely used term today, but homeowners truly have distinctive opportunities to save money when consolidating bills, home mortgages and consumer loans than non-homeowners have with unsecured loans.

Manufactured Vs Modular Home Loans
Sub Prime Mortgage Tips
Should Payment Option ARMs be Banned?
Great Alternative to Filing Bankruptcy
Second Home Loan Financing
Short Term Low Rate Refinancing

2008 Conventional Loan Limits from Fannie Mae
Home Mortgage Limits
Limits effective January 1, 2008:
One-family loans: $417,000
Two-family loans: $533,850
Three-family loans: $645,300
Four-family loans: $801,950

Stay up to date with the latest Cash Out Loans Available for:

* Cash Out Equity Loan Refinancing
* FHA Secure Mortgage
* Home Improvement Loans
* Home Equity Credit Lines
* Interest Only Home Equity
* Cash Back Refinance
* Sub Prime Line of Credit

Save Money and Consolidate Home Loans

VA Home Mortgage Loans

Most veterans are eligible for a VA mortgage loan. Credit scores and income requirements are more flexible VA mortgages than with conventional home loans.

  • Zero Down required
  • No Mortgage Insurance
  • 100% Refinancing
  • Loan amounts up to $700,000


Bridge Mortgages
225 West 34th Street Ste 900
New York, NY 10122
(800) 584-0696

9450 Mira Mesa Blvd Ste B
San Diego, CA 92126