We provide a platform for consumers to secure low rate home purchase loans, with bad credit home loan financing, 100% house loans and affordable purchase mortgages online with options for ARM & fixed interest rate terms of 15 and 30 years. As a leading national home loan lender, we understand the needs of home buyers and our purchase mortgages and rates reflect our commitment to new homeownership. Bridge is a well-versed lender that delivers affordable purchase loans to first time home buyers. Our experience has led us to innovative purchase money mortgage products for 1st time homebuyers. With the fixed rates on 30-year home loans dipping to 3.5% (3.5% APR), the timing to buy a house could not be timed any better. We anticipate that the home financing market will remain attractive in 2018 and 2019, as housing market surges and the Federal Reserve has committed to affordable home finance rates.
Purchasing home is stressful enough, without having to worry about financing this investment. We deliver discounted home purchase loans that will meet your expectations. Purchase mortgage rates have started to help the local real estate markets rebound because affordability is the best we have seen in 30-years. We make it easy to meet home financing lenders that offer the best home purchase loans for a variety of borrowers with credit and income obstacles.
When you are ready to become a homeowner, let our lending experts help you with 100% of the financing with home purchase loans for a wide range of borrowers. Our team creates house loans that are flexible and cost-effective. We provide diverse financing programs like "no point" and bad credit home loans for first time buyers. Let our finance experts' help you sort through the various home purchase mortgage options so that you can qualify for financing that best suits your situation today. According to MBA, first time buyers still prefer FHA financing for bad credit. FHA home buying loans are more flexible with respect to their credit guidelines when compared to Fannie Mae or Freddie Mac 1st time home financing programs.
The ability to use gift funds towards the down payment is an important component for many prospects considering home buyer loans. For many years, FHA purchase mortgages have been the most aggressive when it comes to down-payment and policies towards the use of gift funds. Fannie Mae and Freddie Mac allow gift funds with their first time home buyer loan programs but they are more restrictive.
In a recent Bloomberg article, B of A announced they were no longer offering San Diego home loans or anywhere else in California on the wholesale channel. This has increased origination for Bridge in regards to California home mortgages.
Bridge provides the following home loan purchase products with fixed or adjustable rate payment options.
Home Purchase Loans to 103% - Preserve your cash-flow. You can finance the cost of buying the house and keep your money in the bank. These are called down-payment assistance loans and they are not available in all states, so check with your agent to verify eligibility. Check to see if you qualify for a home loan with a bad credit score.
Jumbo Home Loans - You can finance homes with non-conforming home loan options from $417,000 up to $2,000,000 and still qualify for a competitive low rate that works within your budget. Today's jumbo purchase mortgage loans have better pricing than they did a few years ago.
Poor Credit Financing - Available from 500 credit scores and up, Bridge lenders offer people loans 1-Day out of Bankruptcy. If you are a homeowner with credit card debt, or an adjustable rate mortgage, look no further. Bad credit home buying loans are still available through government and subprime programs.
80-20 Combo Loan - You can avoid PMI (private mortgage insurance) and keep your savings in your bank. These 1st & 2nd combo loans offer an 80% first and 20% second lien that close concurrently for your home purchase.
Home Mortgages insured by FHA - Take advantage of little or no money deposit requirements with these popular government loans. Compare traditional and FHA home financing loans nationally. Did you know that FHA home purchase loans only need a 3.5% down-payment to be eligible to finance a government insured house? The Federal Housing Administration guarantees their loans and the credit requirements are much easier than the conforming loans of Fannie Mae and Freddie Mac.
Apply Now for a Home Purchase Loan with a low interest rate guarantee for thirty-years.