Bridge is a sub-prime lender who provides debt consolidation countrywide with home equity loan solutions for borrowers with bad credit scores.
Have experienced some financial challenges recently? Bridge understands the difficulties that homeowners experience with debt and loans. If your credit score has dropped below 600, and home equity lenders are turning you down because they consider you a bad credit risk, it is time to check out Bridge Mortgages. Bridge offers a debt loan for people with bad credit, as an alternative to bankruptcy or consumer counseling. CCC and bankruptcies have negative impacts on your credit for many years, while secured debt consolidation like home equity loans can actually improve your credit scores in just a few months. If you have a little bit of equity, and a good job, the chances are good that Bridge will get you approved for a home equity loan, even if you have bad credit scores.
According to MLQ, Bridge was one of the lending leaders in bad credit refinancing last year. We continue to extend new opportunities for homeowners that have been hindered by low fico scores.
Refinance revolving credit cards into to a fixed simple interest loan with a debt consolidation equity loan. Part of the refinancing craze that has swept the mortgage business over the last few years has come from homeowner's desire to roll the compounding interest of credit card debt into a home equity loan or 2nd mortgage.
A few years ago, home equity loans were just a quiet 2nd mortgage borrowers would get only when they were in trouble, but now they have become common tolls for debt consolidation and real estate investing. Many people took out lines of credit with their 80-20 purchase loans. The interest rates on the lines of credit are variable and have been increasing significantly with each Fed meeting. It is time to call Bridge Mortgages and lock into a fixed rate home equity loan.
Banks offered you low intro rates for credit lines, but after a few months the rates and payments started to go up. Refinance these HELOC's with your revolving credit card debts, and save more money.