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
By John Tappan | NMLS# 394171 How soon you can refinance a FHA loan depends on which refinance product you choose. The FHA Streamline Refinance requires a 210-day waiting period from your current loan’s closing date, six on-time payments, and at least six months since your first payment due date. The FHA rate-and-term refinance requires … Read more
For many aspiring homeowners, the biggest hurdle isn’t the monthly mortgage—it’s the down payment. That’s where the FHA $100 Down Program steps in. This unique home buyer program was designed to make homeownership more accessible and allows eligible buyers to purchase certain HUD-owned homes with a down payment of just $100. Let’s explore how it … Read more
The dream of owning land and building a home from the ground up is one that many Americans share. Whether it’s for a primary residence, a future investment, or simply the freedom of owning property, purchasing land is a significant financial step. Can you buy land with a FHA loan? The answer isn’t as straightforward … Read more
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
When applying for a mortgage, particularly an FHA loan, your financial history plays a crucial role in determining eligibility. If you have an eviction on your record, you might wonder if this will prevent you from securing an FHA loan. The Federal Housing Administration has a history of approving FHA loans with credit problems, late … 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