Home Loans

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 in the US is a whopping $499,450. Given … 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. What Is Conventional Loan? A conventional loan refers to any mortgage not insured or guaranteed by … Read more

The jumbo mortgage has become a very important loan program in 2024 as home values have soared making the demand for high loan amounts greater than ever. If you want to buy a larger, more expensive home, the size of your mortgage may exceed limits set by the federal government. You may need another way … Read more

One of the biggest steps in young adult lives is when they buy their first home. The average age of the first-time home buyer is 33, and first-time buyers comprise about 1/3 of all US homeowners. But unlike people who have bought before, first-time purchasers don’t have equity to use to help with the down … Read more

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

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. What Are the Best … 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. For instance, VRBO is a popular website for renting investment properties. Can you … Read more