|Loan Amount||Up to $1,500,000|
|Loan Term (Years)||15 - 30|
Where does Bridgewater Capital do business?
Bridgewater Capital is a lending platform based in Charlotte, NC. The company was founded in 2003 and offers mortgage refinancing to borrowers in 3 states across the USA.
What is the maximum loan term for a mortgage refinance via Bridgewater Capital?
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. Bridgewater Capital offers mortgages refinancing with terms ranging from 15 to 30 years.
Does Bridgewater Capital charge a mortgage origination fee?
Yes, Bridgewater Capital may charge a loan origination fee.
What mortgage programs does Bridgewater Capital offer?
Bridgewater Capital 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%.
- 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 Bridgewater Capital allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Bridgewater Capital allows the following property usage types:
- Primary home
- North Carolina
- South Carolina