WHAT The Bridge is a new financing product that officially changes the way mortgage financing is performed by adding literal cash to the home financing transaction via a patent pending 2nd mortgage product with no monthly payment and no interest ever. Archie Mae facilitates the addition of the 25% cash of a home’s total purchase price for purchase or refinance transactions with no stringent income or price restrictions.

WHY Today, traditional home financing solutions can be financially burdensome to consumers. The COST with such an approach is that consumers are forced to carry more debt through higher loan-to-value products, further leveraging them and significantly reducing cash flow. In addition to traditional loan programs (second mortgages), grants, gifts and subsidies only address typical closing costs or down payment (at the <5% level).

HOW Archie Mae will begin the national roll out in select states beginning in February 2005. If you are interested in seeking more information on how to avail yourself of such a financial improvement program, please complete the 3-question survey on the home page and then complete the basic consumer information form that is shown on the "Apply" page. Completing this information form will allow us to better understand your immediate and long term needs, ensuring that our partners are better able to serve your needs.