Where does Bayway Mortgage Group do business?

Bayway Mortgage Group is a direct lender based in Jacksonville, FL. The company was founded in 2004 and offers mortgage refinancing to borrowers in 3 states across the USA.

What is the maximum loan term for a mortgage refinance via Bayway Mortgage Group?

The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Bayway Mortgage Group offers mortgages refinancing with terms ranging from 10 to 30 years.

What is the estimated funding time for a mortgage refinance with Bayway Mortgage Group?

Bayway Mortgage Group will typically fund mortgage refinances within 15 and days of approval.

Does Bayway Mortgage Group charge a mortgage origination fee?

Yes, Bayway Mortgage Group may charge a loan origination fee.

Does Bayway Mortgage Group charge prepayment fees?

Yes, Bayway Mortgage Group charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What mortgage programs does Bayway Mortgage Group offer?

Bayway Mortgage Group offers the following mortgage programs:

  • Conventional mortgages
  • FHA
  • HARP
  • HomePath
  • USDA
  • VA

What property usage types does Bayway Mortgage Group allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Bayway Mortgage Group allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
  • Inestment properties and house flipping projects 

  • Loan Term (Years)
    10 - 30
  • Institution Type
    Direct Lender
  • Intended Use
    • Investment/House Flipping
    • Primary Home
    • Secondary Home
  • Funding Time Range (in days)
    Starting at 15
  • Loan Amount
    Up to $2000000
  • Terms
    5/1, 7/1, 10/1, 10, 15, 30 years
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