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Bond Street Mortgage Refinance
in Mortgage Refinance from Bond Street Mortgage LLC · NMLS ID #191351
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Bond Street Mortgage Refinance

Unaffiliated
in Mortgage Refinance from Bond Street Mortgage LLC · NMLS ID #191351
Net Recommendation Score +100  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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Highlights
Community Rating

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Loan Amount Up to $2,000,000
Loan Term (Years) 10 - 30 years

Bond Street Mortgage Refinance Review

Bond Street Mortgage Refinance is offered by Bond Street Mortgage LLC (NMLS #191351), a direct lender founded in 2009 and based in Paramus, NJ. Bond Street Mortgage Refinance are available in 14 states across the USA.

Key Takeaways

  • 4 different mortgage programs offered. Bond Street Mortgage Refinance refinances FHA, USDA, VA, conforming, and conventional mortgages.
  • Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
  • Non-standard interest rates available. Bond Street Mortgage Refinance offers hybrid mortgages, and fixed-rate mortgages.
  • Considers personal use and investment properties. Refinancing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Bond Street Mortgage Refinance Pros & Cons

Pros Cons
  • Charges an origination fee.
  • Charges prepayment fees.
  • Only available in 14 states.

Bond Street Mortgage Refinance FAQ

What is the maximum loan term for a mortgage refinance via Bond Street Mortgage?

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

How long does Bond Street Mortgage take to refinance?

Bond Street Mortgage does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.

Does Bond Street Mortgage charge a mortgage origination fee?

Yes, Bond Street Mortgage Refinance will charge a loan origination fee.

What mortgage programs does Bond Street Mortgage offer?

Bond Street Mortgage Refinance offers the following mortgage types:

  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
  • USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
  • VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What property usage types does Bond Street Mortgage allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Bond Street Mortgage Refinance allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
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Other Services by Bond Street Mortgage LLC

Availability

  Available in 14 states
  • California
  • Colorado
  • Delaware
  • Florida
  • Illinois
  • Kansas
  • Maryland
  • Massachusetts
  • New Jersey
  • New York
  • North Carolina
  • Pennsylvania
  • Texas
  • Virginia

Feature Breakdown

Intended Use
  • Primary Home
  • Secondary Home
  • Investment
Loan Term 10 - 30 years
Loan Amount Up to $2,000,000
Interest Rate Types Offered Hybrid Mortgage
Mortgage Programs
  • FHA
  • USDA
  • VA

Bond Street Mortgage Refinance Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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