Most likely by now you realize the potential savings from refinancing your credit obligations into a loan with a 30-year fixed interest rate, but there are additional tax incentives to consider. The IRS allows homeowners to deduct interest with 1st mortgages 100%. Talk to a tax advisor about tax deductibility. However homeowners taking out a home equity loan may be limited to tax deduction for home equity interest up to $100,000.

Refinance Bad Credit with FHA Mortgages, No Equity Loans or VA Refinancing

Bridge has built good relationships with competitive mortgage lenders that offer a home mortgage loans with no lending fees. (For more information, see 100% Mortgage.)

Sometimes borrowers would rather not pay points or any closing costs for that matter. Reduced cost mortgages are available to qualified borrowers so discuss your eligibility with your loan officer today. (for more information about discounted lending, see No closing cost mortgage).

Recent Home Mortgage News The Obama administration has implemented several bail-out packages that target homeowner relief, with refinancing, loan restructuring and in some cases, debt forgiveness. In 2010 Congress kept the FHA limits at the 2009 levels but the home purchase refinance guidelines tightened significantly. In 2012, the loan limits stayed at 2011 levels. Home Loan Rates Smashed Record Again Last Year The Federal Reserve renewed his commitment to discounted interest rates as the fears of a double-dip recession persist. With high unemployment nationally, you can expect home mortgage rates to remain extremely low in 2012 and possibly 2013. The secondary market has nearly come to a halt. Most mortgage lenders and banks are not offering any home equity loans above 80%, but we work with equity loan lenders that still offer cash out to 90%. In lieu of the equity line opportunity most homeowners have gone back to getting cash the old fashioned way, with first mortgage refinancing. Many of our refinance mortgages allow cash back from eighty five to ninety five percent Loan-to-Value (LTV). If you were delinquent on your mortgage no more than once in the last year than you may be eligible for the Home Affordable Refinance Program. This new plan makes sense because there are no "loan to value" requirements to qualify. The HARP refinance is a bold initiative that could potentially help us escape from the housing crisis. FHA discontinued the Hope for Homeowners which was created to help struggling homeowners get better access to bad credit mortgages that were insured by FHA. If you do not meet the HARP refinance guidelines, consider some of the foreclosure prevention opportunities with loan modification programs that have become very popular with homeowners seeking an alternative to refinancing. There is a great article worth reading on HARP refinancing. If you are unable to qualify for a traditional debt consolidation or a second mortgage, consider credit card debt settlement because there are law firms that specialize in debt relief that could help you eliminate your unsecured debt, saving up to 50% with the negotiated settlements. Company History of Bridge Mortgages In the spring of 2000, We opened another branch in San Diego, California. At one point, our company expanded with new 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. Today we have redirected our efforts to focus solely on providing a service that helps consumers shop for a wide range of home mortgages online. Over the years, we have built good relationships with popular mortgage lenders that strive for industry leading market niches in government FHA loans, subprime mortgage, Alt A, and home equity loan programs. We can connect you with approved mortgage lenders that are authorized to originate first and second mortgage loans in most states.

Shop for Lenders that can help you with Refinance, Purchase or Qualify to Get Cash Back by Refinancing or taking out a new home equity loans.

Our company is dedicated to providing useful information on superior home refinance loan and purchase products. We believe it is important to work with loan officers and mortgage processors that make it their mission to always offer friendly customer service. Our lenders have automated the loan process making it easy for borrowers to get approved quickly online. Bridge can connect you with government approved mortgage lenders that offering reasonably priced FHA and VA home mortgages. For borrowers who need concurrent refinancing, check out preferred lending partner, who provides combination "refinance mortgage" options that include 90 to 100% prime and FHA home mortgages.

Mortgage Refinancing - Great idea for 1st-time home-buyers. Our loan companies offer 100% home refinancing to $650,000 for VA loans and 97% for FHA mortgages up to $729,750 in applicable counties. Refinancing is an effective method for rolling all your credit card and variable interest debts into your mortgage can uncover real savings! 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 our affiliate lending partners about the special rates that may be available for non-conforming and jumbo home loans in your state.

125% Mortgage - The 125% loan program is not available today. Not long ago, these loans were available to borrowers with excellent credit and high disposable income. The 125 loan program remains suspended, at least until the housing market corrects itself and lenders become more comfortable with the stability of home values. Ask you loan officer about your eligibility with the Home Affordable Refinance Program that enables borrowers to refinance their under-water 1st mortgages up to 125% if Fannie Mae or Freddie Mac own the mortgage note and the borrower meets the outlined criteria. Today's HARP refinance loan goes beyond 125% as now lenders are waiving any and all LTV restrictions that previously were hindering underwater mortgages from being refinanced.

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, because VA financing enables first time homebuyers to qualify for no money down loans. 100% financing is a reality with military financing that is guaranteed by the Department of Veteran Affairs. Rates on VA mortgage loans fell to a new record point for qualified veterans seeking a fixed 30-year term.

FHA Mortgage Refinancing for Poor Credit - Financing is available for borrowers that have at least 500 credit scores. In some cases, we can assist people with financing just one day out of Bankruptcy. Homeowners that are strapped with credit card debt or an adjustable rate mortgage should take advantage of these opportunities that could ensure thirty years of affordable loan payments. We continue to offer several bad credit mortgage options but we recommend fixed mortgage rate loans because of the unsteady economy and potential for rising interest rates in the near future. HUD announced another Obama bail-out loan called the FHA short refinance program. This is unique because the lender actually writes down the mortgage so it is considered a principal reduction.

Conventional Home Loans - Traditional mortgage lenders provide home loans that meet the Fannie Mae or Freddie Mac conforming guidelines for residential lending. Unfortunately most conventional lenders require significantly more for the down-payment when consumers are looking to purchase a new home. Stated income loans are no longer permitted with agency programs.

For more loan information about our guidelines for bad credit mortgages, prime rate home loans and home equity loans and interest rates, please discuss your financing desires with our lending partners.

Stay up to date with current mortgage industry news: We can help you manage your home finances wisely. Find the right debt consolidation solution for saving you money!
People with low credit scores should evaluate changing their lifestyles or consolidate debt into a loan with a fixed rate.	1st time homebuyers and existing homeowners can utilize FHA for home mortgages with only 3.5% down.
Want To Consolidate Credit Card Debt? Interest rates for credit cards have soared in recent years so we suggest refinancing adjustable rate credit with a loan that carries a fixed rate.
Finance a Home with Confidence! Buying a real estate is one of the most important financial decisions that you will ever make. Bridge has assembled a network of mortgage professionals that specialize in helping first time home buyers deal with the loan process. Our service agents will simplify the process for you, holding your hand through each step, from application to escrow closing. We will provide solid advice in the qualification phase so that you can make a sound choice when considering the myriad of home loan programs.

We can connect you with NMLS licensed agents to help you shop home mortgages that meet your goals.

Quick Company Home Loan Links
Home | Company Profile | Contact Us | Free Quotes | Privacy | Site Disclaimers
FAQ | News Articles | Loan Programs |Loan Checklist | FHA Home Purchase Loans | Home Loan Consolidation | USDA Loans | HUD Loans

More Commonly Viewed Home Loan Pages from Bridge Mortgages
Second Mortgages | Home Equity Lines | Credit Lines | Bad Credit Equity Loans | 2nd Home Loans | Home Improvement Loans | 100% Financing | Debt Consolidation Loans | Home Equity Loan | Refinance Home Equity Loans | Refinance Tips | New Home Loans | Sub-Prime Home Loans

Specialty Home Mortgage Loan Pages
Refinance Bad Credit | No Equity Loan | Bad Credit Home Loans | Home Loan Rates | Bad Credit Loan

Get Current Home Mortgage Rates
30-Year Mortgage Rates | 15-Year Mortgage Rates | 10-Year Mortgage Rates | 5-Year Mortgage Rates | Refinance Rates | Federal Mortgage Rates | FHA Refinance Rates

*All home loan rates, pricing, underwriting requirements and other requirements subject to change at any time without notice. Home loans for bad credit, FHA, VA, USDA, conforming and jumbo loans are all subject to lender approval from a certified underwriter. Certain restrictions may apply. Actual home mortgage rates may vary based on credit scores and market conditions. ** The initial variable rate may increase after the fixed rate period and is available on a loan to purchase or refinance owner-occupied, single family residence homes only. Find out what the interest rate is when you discuss you eligibilities with one of our participating lenders.

Site Map