Homebridge
Homebridge
Homebridge Financial Services, Inc. is a loan provider based in the United States. It is a non-bank loan company which has more than 250 retail branches, and two major branches in wholesale loan operations, which are HomeBridge Wholesale and REMN Wholesale. Real Estate Mortgage Network (REMN) changed its name to HomeBridge Financial Services in 2014. In the middle of 2015, the company was acquired by Planet Home Lending, LLC.
The minimum credit score required to avail loans from Homebridge is 550, and the minimum rate of down payment is 3%. There is an origination fee on some of these loans. The company offers loan services in areas like reverse, refinance, jumbo, purchase, fixed, USDA, FHA, adjustable, and VA, as well as educational material you can get on its websites. It has a license in each of the 50 states. Home buyers can avail loans ranging from $50,000 to $2 million. Homebridge offers to refinance and purchase loans, which can be used for a variety of needs like home repairs or upgrades. These fall under Federal Housing Administration (FHA) loans. Furthermore, FHA loans for low-to-moderate-income borrowers and jumbo mortgages for those with higher income are made available. Fannie Mae’s HomeStyle loan is another specific one that they offer; it allows people to fund renovations and home building at the same time.
