Refinance Articles | BD Nationwide Mortgage

Cash Out Refinance an Investment Property

Cash-out refinancing an investment property is a powerful financial strategy that allows property owners to unlock the equity they’ve built in their property. This equity can be used for various purposes, from expanding your real estate portfolio to improving cash flow. 7 Reasons to Cash-Out Refinance an Investment Property By replacing your current mortgage with … Read more

Can You Refinance a USDA Mortgage​?

Yes, you can refinance a USDA mortgage. The USDA offers specific refinancing options for homeowners with USDA loans, such as the USDA Streamlined Assist Refinance and the USDA Streamline Refinance programs. These rural home loan programs are designed to help borrowers reduce their interest rates and monthly payments or switch from an adjustable-rate mortgage to … Read more

FHA Cash Out Plan to Refinance

It’s time to learn what is the FHA cash-out refinance plan. We will help you uncover the cash out plan refi requirements, pros and cons, and more with our detailed guide. If you’re a homeowner with a mortgage and need money, you can take advantage of the FHA cash-out plan for refinancing. It’s a type … Read more

How Soon Can You Refinance a Home Mortgage?

So, you just bought a home. Congratulations! Many homeowners get a mortgage and leave it untouched for years or even for the life of the loan. However, there are situations where the person may want to refinance their home mortgage sooner than later. What are the rules? How soon can you refinance your mortgage? If … Read more

How Much Does It Cost to Refinance a Mortgage?

It’s no secret there are closing costs with refinance mortgage loans. There are 3rd-party fees and mortgage refinance costs that must be paid in one way or another. Most borrowers choose not to pay the closing costs upfront, as most lenders will allow you to roll the closing costs on a refinance mortgage into the … Read more

How to Get Rid of PMI?

Wondering how to remove PMI? Here’s a helpful guide to eliminating private mortgage insurance! Got a PMI? You must be counting down the days until it’s a thing of the past! While PMI or Private Mortgage Insurance does help you buy a home when you are short of funds, you are also stuck with an … Read more