No — a true zero-down DSCR loan does not exist in 2026. Every legitimate DSCR lender requires a down payment because the loans are sold to institutional investors who set strict LTV limits. Most DSCR loans require 20% to 25% down. The lowest verified minimum is 10% down with a seller-carried second mortgage, and 15% … Read more
A fix and flip loan is a short-term, asset-based loan used to buy and renovate a property that you plan to sell for profit, usually within 6 to 18 months. The lender bases the loan amount on the property’s After-Repair Value (ARV) — what the home will be worth after renovations. Most fix and flip … Read more
Yes, you can buy a duplex with an FHA loan in 2026. The FHA 203(b) program lets you purchase a 2-unit property with just 3.5% down at a credit score of 580 or higher, as long as you live in one of the two units as your primary residence for at least one year. Duplexes … Read more
An FHA appraisal is valid for 180 days from the appraiser’s effective date. If the loan does not close within that window, the lender can order an appraisal update that extends validity to one full year from the original effective date. This rule comes from HUD’s Single Family Housing Policy Handbook 4000.1 and FHA Mortgagee … Read more
You can get an FHA loan 2 years after a Chapter 7 bankruptcy discharge or 12 months after starting your Chapter 13 trustee payment plan with court approval. The Chapter 7 wait is measured from the discharge date, not the filing date. The Chapter 13 wait does not require discharge — you can qualify while … Read more
Yes, FHA loans are assumable. Every FHA loan closed after December 15, 1989 carries an assumability clause, meaning a qualified buyer can take over the seller’s existing FHA mortgage at its original interest rate. The buyer must apply with the lender, meet FHA credit and income standards, and the review must complete within 45 days. … Read more
There is no federal waiting period to apply for a HELOC after buying a home. You could technically apply the day after closing. In practice, most lenders require 6 to 12 months of ownership before approving a HELOC, and the bigger gate is equity. To qualify, you need at least 15% to 20% of your … Read more
Most HELOC interest rates can change as often as every month. Almost all home equity lines of credit have variable rates tied to the prime rate. When the Federal Reserve changes its federal funds rate, the prime rate moves with it, and your HELOC rate adjusts within one or two billing cycles. The Federal Reserve … Read more
Usually yes, but a full in-person appraisal is no longer the standard. Most HELOC lenders in 2026 use a faster, cheaper valuation method like an automated valuation model (AVM), a desktop appraisal, or a drive-by appraisal. According to the Mortgage Bankers Association, 47% of HELOCs used an AVM, 26% used a desktop valuation, and only … Read more
Most lenders want you to have at least 15% to 20% equity in your home before they will approve a HELOC. Some specialty HELOC lenders go up to 85% combined loan-to-value (CLTV), meaning you can borrow against everything except 15% of your home’s value. A few will stretch to 90% or even 100% CLTV, but … Read more
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BD Nationwide Mortgage
BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
Quick Links
Loan Types
BD Nationwide Mortgage
BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024