Home Loans

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 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

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

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

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

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

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

Explore whether or not VA loans are assumable, their benefits, and eligibility criteria for assuming a loan with a lower interest rate for both veterans and non-veterans.  When most mortgages are not assumable, it makes you wonder are VA loans assumable? The answer is: yes, they are! In this article, BD Nationwide will explain the … Read more

Are you ready to buy a home in 2024? Interest rates are holding steady and have not increased significantly in recent months, so now is the time to get prequalified for a home loan before rates go up. In this article, learn about how to get preapproved for a mortgage loan. You also will learn … Read more

If you are shopping for a cost-effective home loan, you are probably looking for a conventional mortgage. Before making your choice, however, you should understand the best conventional mortgage loans available in 2024, based on your needs and budget. Conventional mortgage loans are the most prevalent type of home loan. Unlike government loans, they are … Read more