Credit can be wonderful or a source of stress. It’s great to have credit when you need it, but it’s easy to take on more than you can manage. Before you know it, you’re missing payments on your credit cards or making only minimum payments. You might be late paying… Read More
This deal scenario is based in a rural community. The client needed financial assistance while recovering from medical treatment. With their variable-rate mortgage payments increasing, they sought a more stable solution through refinancing. The mortgage broker worked with our expert BDM and underwriter to map out the best options. Read More
Have your customers considered refinancing to pay off vacation expenses or their children’s tuition? Has their financial situation recently changed? Maybe they’re looking to renovate their home or invest? Here are some tips and considerations to share with your customers who need help refinancing a mortgage. Reason… Read More
In this case, a self-employed client was able to refinance his property to pay off debt incurred while off the job for four months. Bridgewater Bank’s expert underwriter took into consideration the client’s story and past credit history when approving the deal. His recent time off meant a bank-statement program… Read More
Experienced mortgage brokers know their job extends beyond transacting mortgage loans. The true value of using a mortgage broker is their vast knowledge of product available, providing their clients with good advice and the right solutions. Keeping in touch with your clients at regular intervals ensures you are ready to… Read More
Divorce is unfortunately associated to another big ‘D’ word; debt. It’s common for couples going through a divorce to generate debt. Whether that’s splitting assets, lawyer fees or simply old debt incurred while married. As couples separate and work to reestablish themselves, they will be doing a lot of financial… Read More
