Product Offering
Learn more about
Bridgeway Lending Partners LLC diverse range of
product offering by clicking on a scenario below that meets your
mortgage needs.
Conventional Home Loan
Up to 97% LTV
Fico Score
Starting at 620
BLP's Conventional mortgages are best for people who want lower monthly payments and an interest rate that never changes over the entire life of the loan. Read more about other benefits below.
- A minimum 3% down payment.
- A minimum FICO® Score of undefined.
- A debt-to-income ratio (DTI) of no more than 50%. Estimate your DTI by adding your monthly debt payments (such as credit card and car payments) and dividing the total by your monthly income before taxes.
- Money to cover closing costs, which are about 2 – 6% of the purchase price.
- Loan amount must be $647,200 or less in most counties and may be as high as $970,800 in high-cost counties.
- If down payment is less than 20%, you’ll typically need mortgage insurance