Bridgeview Mortgage Corp. Rates, Fees & Info
FRANKLIN SQUARE, NYLEI: 5493007XV974105FQA68
Tax ID: 81-0611149
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Mortgage Data
Review & Overview
Bridgeview Mortgage Corp. is a smaller mortgage company specializing in Home Purchase and Refi loans. Bridgeview Mortgage Corp. has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: New York, Miami, Punta Gorda, North Port, and Naples among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Bridgeview Mortgage Corp. has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Bridgeview Mortgage Corp. is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.71% | 11/17/24 |
| 30 Year Conventional Refi | 6.92% | 11/17/24 |
| 30 Year Cash-out Refi | 6.27% | 11/17/24 |
| 30 Year FHA Purchase | 7.60% | 11/17/24 |
| 30 Year FHA Refi | 7.73% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Bridgeview Mortgage Corp. Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
165Origination Dollar Volume (All Markets)
$59,645,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 101 | $42,455,000 | $420,347 | $10,186 | 3.31% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 16 | $5,280,000 | $330,000 | $9,605 | 3.28% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 18 | $4,200,000 | $233,333 | $8,431 | 3.60% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 9 | $1,815,000 | $201,667 | $7,803 | 3.33% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 7 | $1,755,000 | $250,714 | $8,176 | 3.29% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $4,566 | 2.54% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $6,171 | 3.00% |
| Outside of Metro Areas | 1 | $405,000 | $405,000 | $5,926 | 2.75% |
| Torrington, CT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,992 | 3.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $17,491 | 2.75% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,556 | 3.13% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,025 | 2.75% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,079 | 2.75% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,238 | 3.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,977 | 3.63% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $13,052 | 3.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,563 | 2.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against BRIDGEVIEW MORTGAGE CORP. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 156 | $56,120,000 | $359,744 | $8,966 | 3.28% |
| FHA | 9 | $3,525,000 | $391,667 | $18,866 | 3.65% |
For 2020, Bridgeview Mortgage Corp.'s most frequently originated type of loan was Conventional, with 156 originations. Their 2nd most popular type was FHA, with 9 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 89 | $30,265,000 | $340,056 | $10,290 | 3.48% |
| Refi | 76 | $29,380,000 | $386,579 | $8,568 | 3.10% |
For 2020, Bridgeview Mortgage Corp.'s most frequently cited loan purpose was Home Purchase, with 89 originations. The 2nd most popular reason was Refi, with 76 originations.
Loan Duration/Length
For 2020, Bridgeview Mortgage Corp.'s most frequently cited loan duration was 30 Year, with 146 originations. The 2nd most popular length was 15 Year, with 13 originations.
Origination Fees/Closing Costs
Bridgeview Mortgage Corp.'s average total fees were $9,997, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 76 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 69 | $25,165,000 | $364,710 |
| 3-4% | 69 | $24,575,000 | $356,159 |
| 4-5% | 17 | $6,085,000 | $357,941 |
| <2.5% | 8 | $2,310,000 | $288,750 |
| 6-7% | 2 | $1,510,000 | $755,000 |
During 2020, Bridgeview Mortgage Corp.'s average interest rate for loans was 3.38%, while their most frequently originated rate bucket for loans was 2.5-3%, with 69 originations.
Loan Sizing
2020 saw Bridgeview Mortgage Corp. place emphasis on $200k-400k loans with 72 originations, totaling $21,100,000 in origination value.
Applicant Income
Bridgeview Mortgage Corp. lent most frequently to those with incomes in the $100k-150k range, with 43 originations. The second most popular income band? $150k-250k, with 42 originations.
Applicant Debt to Income Ratio
Bridgeview Mortgage Corp. lent most frequently to those with DTI ratios of 20-30%, with 28 originations. The next most common DTI ratio? 30-36%, with 20 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.31%
Bridgeview Mortgage Corp. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination98.79%
Bridgeview Mortgage Corp. has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 165 | $59,645,000 | $361,485 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 165 | $59,645,000 | $361,485 |