Bridgewater Bank’s alternative lending solutions (Gateway) opens paths to home ownership for your customers who have difficulty getting financing through traditional means (the big banks). We’ve created Gateway for brokers and their customers who appreciate the importance of having experts shepherd them through more difficult alternative lending landscapes.
We offer two terrific suites with expansive options for you and your clients:
The Bridgewater Bank Gateway Easy Suite™ – The great alternative basics everyone needs. Designed with real life in mind, each product offers solutions for borrowers who need an alternative from the big banks. From near prime borrowers to residential real estate investors to self-employed, the Easy Suite offers it all.
The Bridgewater Bank Gateway Elite Suite™ – Exclusive solutions only available to our top brokers. The Elite Suite is here for your more complex deals – from alternative proven income to clients looking to rebuild their credit to those who’ve recently been discharged from bankruptcy and are credit challenged.
From Ajax to Zehner, for purchases or refinances, our experts are here to help. Select the solution below for detailed information. Have questions? No problem. Your local BDM is just a phone call away.
Our Progress Advance Mortgage (+Land) offers a smooth, start-to-finish solution for your ready-to-build clients. With the addition of a land advance option, there is no need to send your client to a bank branch. With this fair and robust product, your client also has the option to switch without penalty upon completion.
For your clients with straightforward, proven income sources.
Learn MoreFor your clients looking to purchase or refinance one or more investment properties.
Learn MoreFor your self-employed clients with traditional, proven income.
Learn MoreFor real-estate investors with non-traditional income sources.
Learn MoreFor your clients looking for flexible, short-term financing with no restrictions.
Learn MoreFor self-employed clients with non-traditional income sources.
Learn MoreFor clients looking to rebuild their challenged credit.
Learn MoreA smooth start-to-finish solution for your ready-to-build clients.
Learn MoreBridgewater Bank Gateway mortgages can be used for purchases, refinances or equity take outs. Our mortgages are available in 1 year, 2 year and 3 year terms.
Prepayment privileges* are available. Up to 20% of loan amount (minimum of $500) can be paid once a year on the anniversary date of mortgage (unused portion cannot be carried forward).
We also offer a 3-2-1 PAYOUT*. We recognize that Gateway Mortgages aren’t forever and your client may need to leave early. Our 3-2-1 payout is simple to understand with no complicated formulas. It’s as easy as 1, 2, 3! Early payout amounts are based on which year of the mortgage the customer is in:
Visit our Gateway product standards page for full details that apply across all Gateway alternative lending products.
