Home Loans | BD Nationwide Mortgage

Can I Qualify for a Home Loan with VRBO Income from an Investment Property?

Many Americans own investment properties for extra income. There is nothing like getting income from properties without having to do day in and day out work. However, many wonder if it’s possible to qualify for a home loan with rental property income. VRBO financing is a hot market but not all mortgage lenders approve this … Read more

Can You Use Your IRA to Purchase a Home?

Purchasing a home is one of the most significant financial decisions a person can make. For many, saving for a down payment or finding financing options can be challenging. One potential source of funds is an Individual Retirement Account (IRA). People ask us all the time if they are allowed to use an IRA to … Read more

How to Get Approved for a First Time Home Buyer Loan

One of the biggest steps in young adult lives is when they buy their first home. The average age of the first-time home buyer is 33, and first-time buyers comprise about 1/3 of all US homeowners. But unlike people who have bought before, first-time purchasers don’t have equity to use to help with the down … Read more

How to Buy a Second Home Without Selling the First

Buying a second home without selling your first can be a great investment, whether for vacation use, rental income, or a future retirement property. However, financing a second home while maintaining your first requires careful planning and a solid financial strategy. How to Buy a Second Home in 2025 We published this article to underscore … Read more

Credit Score for a USDA Home Loan

The dream of homeownership is a cornerstone of the American experience, yet for many, the path to securing a mortgage can be fraught with challenges, particularly when it comes to credit requirements. The United States Department of Agriculture (USDA) offers a unique opportunity through its home loan programs, designed to assist low- to moderate-income individuals … Read more

How to Pre-Qualify for Home Loans

How to Get PreQualified for a Home Loan One of the first and most important steps when you are purchasing a home is pre-qualification; a process where a lender evaluates your financial situation, and gives you an estimate of the amount you’re eligible to borrow. As per data, the average cost of purchasing a home … Read more

Can You Get a Home Loan Without Tax Returns?

When it comes to securing a home loan, the traditional route typically involves providing tax returns as proof of income. This documentation helps lenders assess your ability to repay the loan by verifying your income over the past few years. However, not everyone has the luxury of easily providing tax returns. Whether you’re self-employed, an … Read more

Best Grants for First-Time Home Buyers with Down Payment Assistance

Are you looking for the best grants for your new home? Read all you need to know about the first-time home buyers grants and down-payment assistance in this guide. Owning a home lies at the heart of the great American dream. Yet, with today’s economy, it might seem out of reach. One of the biggest … Read more

What Is a Fix and Flip Loan?

Many people choose to diversify their financial portfolios by investing in real estate. A common way to make money in real estate is to fix and flip distressed properties. Unless you choose to do fix and flips with your own cash, you may want to think about getting a fix and flip loan. Fix-and-flip loans … Read more

Can I Use a VA Loan for a Second Home?

BD Nationwide has been receiving lots of questions about borrowers taking out a VA loan for a second home. Eligible active duty service members, veterans, and surviving spouses can benefit from VA loans, which offer advantages such as a zero down home loan with competitive interest rates, and more flexible lending criteria. Can a VA … Read more