Select a location from above to display BDMs
Contact a BDM
Vice-President, National Sales
Jason Provencher Phone: 403.472.7340 Toll Free: 1.888.472.7340 Fax: 403.718.3042 jprovencher@bridgewaterbank.ca
Headshot of Jason Provencher
Lower Mainland, Island and northern British Columbia
Yvonne Futter Phone: 604.506.7114 Toll Free: 1.866.867.1777 Fax: 403.718.3042 yfutter@bridgewaterbank.ca
Headshot of Yvonne Futter
Edmonton, central & northern Alberta
Laura Cook Phone: 587.341.4160 Toll Free: 1.844.430.4846 lcook@bridgewaterbank.ca
Headshot of Laura Cook
Select a location from above to display BDMs
Contact a BDM
Vice-President, National Sales
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
Fax: 403.718.3042
jprovencher@bridgewaterbank.ca
Headshot of Jason Provencher
Lower Mainland, Island and northern British Columbia
Yvonne Futter
Phone: 604.506.7114
Toll Free: 1.866.867.1777
Fax: 403.718.3042
yfutter@bridgewaterbank.ca
Headshot of Yvonne Futter
Edmonton, central & northern Alberta
Laura Cook
Phone: 587.341.4160
Toll Free: 1.844.430.4846
lcook@bridgewaterbank.ca
Headshot of Laura Cook

Refinance while on parental leave using pre-leave income to qualify

In this deal scenario, our experts helped new parents refinance their property using 100% of their pre-leave income to qualify. This is because they were due to return to work within 60 days of application (clients on leave can normally use up to 60% of their pre-parental leave income if their return-to-work date is over 60 days).

The property was outside of a major urban centre, and the clients had a few credit mishaps in the past. But based on the merits of the deal, our underwriter was able to approve on a 2-year term and at a rate much lower than their current one.

They now have the extra money they need to renovate their home and accommodate their growing family.

**The AIR is compounded semi-annually, not in advance. The APR based on a $410,000 loan on a two-year term, with a 30-year amortization and loan fee of 1% is 5.30%.
All rates are subject to full underwriting policy and may change without notice.
Should you have questions, please contact your BDM.For internal broker use only. Not intended for external consumer use.

Need a Broker?

Learn More

Contact a BDM

Get in Touch
Copyright ©2021 Bridgewater Bank.