The Progress Advance Mortgage (+Land)™
A smooth start-to-finish solution for your ready-to-build clients.
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’s no need to send your client to a bank branch – Bridgewater Bank’s complete offering includes expert support every step of the way. You can earn a finder’s fee and your clients have the option to switch without penalty upon completion.
To ensure a fast approval of your application, please provide the documents outlined in the schedules below, along with your application:
- Schedule A: Construction Cost Schedule (PDF) – only required for self-builds
- Schedule B: Advance Schedule Report (PDF) – required for all Progress Advance mortgages
- Schedule C: Document Checklist (PDF) – required for all Progress Advance mortgages
- Schedule B for mobile/modular: Advance Schedule Report (PDF) – required for all Progress Advance mortgages
New home construction financing
Building a home is a big commitment for your clients. Managing their expectations and controlling their fears can be one of the biggest challenges for brokers. We are here to help. Contact your local BDM.