
BrightPath Mortgage Refinance
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Community Rating |
Rating not yet determined |
Loan Amount | Up to $2,000,000 |
Loan Term (Years) | 10 - 30 years |
BrightPath Mortgage Refinance Review
BrightPath Mortgage Refinance is offered by BrightPath Mortgage, LLC (NMLS #177208), a direct lender founded in 2001 and based in Atlanta, GA. BrightPath Mortgage Refinance are available in 15 states across the USA.
Key Takeaways
- 5 different mortgage programs offered. BrightPath Mortgage Refinance refinances FHA, FHA 203k, 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. BrightPath 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.
BrightPath Mortgage Refinance Pros & Cons
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BrightPath Mortgage Refinance FAQ
What is the maximum loan term for a mortgage refinance via BrightPath 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. BrightPath Mortgage Refinance offers mortgage refinancing with terms ranging from 10 to 30 years.
How long does BrightPath mortgage take to refinance?
Generally, it takes BrightPath mortgage between 10 and 30 days to complete a refinance. Of course, this is just an estimate. The exact time will vary depending on the lender and the market.
Does BrightPath mortgage charge a mortgage origination fee?
Yes, BrightPath Mortgage Refinance will charge a loan origination fee.
What mortgage programs does BrightPath mortgage offer?
BrightPath 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%.
- FHA 203k: An FHA mortgage you can also use to finance home improvements.
- 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 BrightPath mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. BrightPath Mortgage Refinance allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
Contact
- Headquarters
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1200 Ashwood Parkway,
Suite 200
Atlanta, GA 30338 USA - (888) 222-6003
- Visit Site
- Email Support
Other Services by BrightPath Mortgage, LLC
Availability
- Alabama
- Colorado
- Connecticut
- Florida
- Georgia
- Illinois
- Maryland
- New Hampshire
- North Carolina
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
Feature Breakdown
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BrightPath Mortgage Refinance Community Reviews
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