Blog
What is a Non-QM Mortgage Loan?
A Non-QM mortgage is a home loan for people who don’t fit the strict rules of traditional mortgages. Non-QM stands for “non-qualified mortgage”, meaning the loan doesn’t follow the standard rules set for most home loans. These loans help self-employed workers, real estate investors, freelancers, foreign nationals, and retirees who have real income but can’t ... Read more
Can FHA Be Used on Land?
Can FHA be used on land in 2026? Yes — but only through the FHA One-Time Close Construction Loan, which combines land purchase and home construction into a single mortgage. This program requires 3.5% down for 580+ FICO borrowers and mandates the land be used for a primary residence. FHA loans cannot finance vacant land ... Read more
Do FHA Loans Look at Charge-Offs and Collections?
Buying a home can be both exciting and overwhelming, especially if you have charge-offs or collection accounts on your credit report. You may wonder: “Will these past financial missteps stop me from qualifying for an FHA loan?” The answer isn’t a simple yes or no—it depends on several factors, including your overall credit profile, the ... Read more
Can I Get an FHA Loan with an Eviction?
Yes, you can get an FHA loan with an eviction in 2026, as evictions do not automatically appear on credit reports and are not a specific FHA disqualifier. Approval depends on whether the eviction resulted in unpaid rent collections, court judgments, or negative rental history that lenders verify. FHA loans require a minimum 580 FICO ... Read more
Private Money Loan Guide
A private money loan is a home loan funded by a private individual or company, not a bank, credit union, or traditional lender. Private lenders can approve loans in just 3 to 10 days because they focus mostly on the property’s value, not on your credit score or income history. This makes private money loans ... Read more
Is Home Improvement Loan Interest Tax Deductible?
Homeownership often involves undertaking improvements to enhance comfort, functionality, and property value. Financing these projects through home improvement loans raises questions about the tax deductibility of the interest paid on home equity loans an HELOCs. Understanding the Internal Revenue Service (IRS) guidelines is crucial to determine eligibility for home equity interest deductions. The tax laws ... Read more
California Dream for All Shared Appreciation Loans Program
With all media outlets talking about home buyers incentives in the the fast-paced world of real estate, the question on many prospective homeowners’ minds is: Is California really giving away $150,000 for first-time home buyers? With skyrocketing housing prices in the Golden State, the prospect of receiving such a substantial sum to help with a ... Read more
Using a HELOC on a Rental Properties or Investment Homes
Many Americans want to get a home equity line of credit or HELOC on their primary residence. But what about taking out a HELOC on a rental property? It is still possible to get a second mortgage or equity line of credit on a 2nd home or rental property this year, but the HELOC loan ... 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. Highlights on Best Grants ... Read more
What Is Fix and Flip Loan Financing?
What is a fix and flip loan? It’s short-term real estate financing designed specifically for investors buying, renovating, and reselling distressed properties. Unlike conventional mortgages, these loans close in 7-14 days. They fund both the purchase and renovation in a single deal. And they qualify you on the property, not your personal income or tax ... 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 get approved for a ... Read more
How to Lower Your Mortgage Payments: Step by Step
Lowering your mortgage payment can free up hundreds of dollars per month for other financial goals. In 2026, the strategies for reducing payments differ from just a few years ago. The Federal Reserve raised rates on September 16, 2026 for the first time since 2023, which changed the calculus for refinancing. This step-by-step guide covers ... Read more
Are VA Loans Assumable?
A VA assumable loan lets a buyer take over a seller’s existing VA mortgage, including the seller’s original interest rate, monthly payment, and remaining balance. This is a huge deal in September 2026 because many current VA loan holders locked in super-low rates of 2.5% to 3.5% during 2020-2022. If you assume one of these ... Read more
Home Equity Loan vs Line of Credit
Wondering whether you should go for a home equity loan or a home equity line of credit (HELOC)? We’ve got you covered! While both home equity loans and lines of credit allow homeowners to access their property’s value for cash, they function differently and are suitable for varying circumstances. With interest rates trending higher in ... Read more
How to Get PreQualified for Home Loan in 2026
Are you ready to buy a home? 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 some key ... Read more
How Much of a Mortgage Can I Qualify For?
Thinking about taking a mortgage out to buy the house of your dreams? Read this article to find out how much mortgage loan amount you can qualify for. In today’s economy, if you are planning on buying a house, chances are you would need to obtain a mortgage. You need to know how much of ... 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
Investment Property Loans- All You Need Financing Real Estate
Real estate investors in 2026 have more financing options than ever before. Whether you’re buying your first rental, flipping properties, or scaling a rental portfolio, the loan you choose can make or break the deal. As a licensed mortgage broker with 27+ years of experience, I’ve helped hundreds of investors match the right loan program ... Read more
Disclaimers and Terms
Terms of Use and Disclaimers Effective Date: August 11, 2026 Last Updated: August 11, 2026 Welcome to BDNationwideMortgage.com (the “Site”), operated by BD Nationwide Mortgage (“BD Nationwide,” “we,” “us,” or “our”). These Terms of Use and Disclaimers (“Terms”) govern your access to and use of the Site. By accessing or using the Site, you agree ... Read more