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Mortgage Broker News | 09 Jan 2014, 01:05 PM Agree 0
A key broker lender in the A-space is now saying competition in that realm is part of the reason it has moved to focus on Alt-A lending.
  • Anthony C. | 10 Jan 2014, 09:25 AM Agree 0
    Congradulations and best of luck with your product launch...

    Been waiting for more bank lenders to enter this space....the growing number of non-conforming consumer profiles is on the rise and capitalizing on this trend will make for big news in the months and years to come.

  • Blair Anderson | 10 Jan 2014, 10:47 AM Agree 0
    That's excellent news. Will the program be available Canada wide?
  • Craig | 10 Jan 2014, 11:15 AM Agree 0
    If we want more lenders to play in the space then we need to go back to 75% max for conventional and free up some equity space for others. Remember how effective Associates, benificial, Avco all were? There is a place for these companies.
  • Ted Flitton | 16 Jan 2014, 08:57 AM Agree 0
    Hello Blair,

    My name is Ted Flitton and I work in corporate communications at Bridgewater Bank. Sorry for the very late response to you question. Thanks for asking. We are reviewing how to proceed and will have more details later in the spring. Please stay with us. Let's keep in touch.
  • Blair Anderson | 16 Jan 2014, 09:17 AM Agree 0
    Thanks Ted. I will...I've already reached out to my BDM re a stated income applicaiton :-)

    FYI, the navigation on your website for finding my BDM could be a little better ;-) Thanks!
  • Anthony C. | 16 Jan 2014, 10:04 AM Agree 0
    Hello Mr. Flitton,

    It's Anthony Cirelli touching base...I commented on 10-01-2014 regarding the great news...

    Can you comment if your lending guidelines will be tiered to credit profile, and will they at all resemble Bridgewater's earlier lending matrix, as it was back in the early to mid 2000's with your Gold/Silver/Bronze credit programs...

    Also, when can we expect a roll-out of your new product offering to the Brokerage community...?

    Awaiting your reply...many thanks.
  • Ted Flitton | 21 Jan 2014, 03:36 PM Agree 0
    Hi Anthony,
    I didn't see your comment so I apologize for the delay in responding. In short, it will not be the same as our old product matrix for (Gold –Silver –Bronze). We will be looking at the property, where it is located and the customers’ credit situation. We are still fine tuning all of the parameters and will be looking to launch towards the end of first quarter. Thanks for your interest.
  • Kenshaw Jeanne | 03 Apr 2014, 05:24 PM Agree 0
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