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The rate and payments in this program are fixed throughout the mortgage term and the minimum down payment is only 5%.
BwB Interim Financing Program
This short term loan is ideal for your clients who are in the midst of two transactions - selling an old home and purchasing a new one. It covers up to 90% of the equity on the confirmed sale of your client's home.
The No GDS requirement could positively impact the borrowing capacity for your clients who have at least a 20% down payment.
Our draw mortgage program provides borrowers with funding during the various stages of home construction.
Help your clients access up to 95% of their homes current value, freeing up cash for a variety of needs. Bridgewater Bank ensures quick mortgage funding.
BwB Cash Back Program
This program offers your clients extra cash to cover the costs of purchasing a new home. Your clients can receive up to 2% cash back on a 3 or 5 year term.
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For your clients who want to purchase and renovate a home. Clients are able to borrow up to 95% of the improved value of the house. Funds are agreed upon up front and released upon completion and inspection.
Our competitive offering includes an 80% off-set and a maximum of five properties, including the borrower's principal residence. Visit BwBrentalinvestor.com for more info.
Bridgewater Bank is the only lender to offer second mortgages with all three insurers, CMHC, Genworth and AIG. Your client's first mortgage must be with Bridgewater Bank.
BwB Second/Vacation Home Program
If your client is looking to buy a cottage by the lake or a home for their mother - get financing to purchase or refinance a second home.
A program for your self-employed clients with good credit or for your clients who require stated income documentation.
Your new-to-Canada clients can own a home sooner, without having to build an extensive Canadian credit history. Ideal for landed immigrants and non-permanent residents with a valid work permit.
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