Down Payment Assistance Home Mortgage Loan Programs

Purchase Loans for First Time Home Buyers – Reduced Costs & Grants for Down-Payment Help

Finance a New Home with Down-Payment Assistance!

First time homebuyers from Florida to Texas to California can benefit from down-payment assistance loans that help cushion the high cost landing associated with financing a house. With soaring energy costs, Americans can benefit from mortgage relief that potentially can minimize the down-payment needed for becoming a homeowner. BD Nationwide created an online marketplace to offer superior house financing programs that include help for down-payments. We strive to connect people with lenders that specialize in mortgages for down-payment assistance. This is a great place to start if you seek to work with companies that provide 1st time homebuyers a unique opportunity with low rate and assisted down payment home loans that are available for qualified applicants.

Are you a first time homebuyer looking to get approved for a low rate mortgage with small down-payment? Are you looking for a home loan that requires little or no money down? Would you like a purchase mortgage that allows you to keep all of your hard earned in saving in your bank account without needing to deposit it on a home?

BD Nationwide promotes fair lending with flexible loan programs like FHA, conforming and VA home purchase loans. Borrowers can choose from, 15 and 30 year fixed rate or hybrid ARMs.

Get Pre-Qualified and Pre-Approved to Buy a New Home!

Pre-qualifying is essential for efficient and pragmatic home buying. Nationwide provides you, your realtor and the seller's agent, a pre-approval that is written by the lender. If you are interested in maximizing home buying opportunities it is imperative that you obtain a Pre-Qualification letter from our home financing department. You can complete this form below and quickly get a pre-approval in writing. We will just ask you a few questions and then access your credit, income, and hopefully you will be approved!

Loan Type Select ---------------> Mortgage Refinance Cash Out Refinance Home Equity New Home Purchase Property Type Select One-----------> Single-Family Detached Condominium Cooperative Multi-Family Dwelling Modular Mobile Home Manufactured Home Property Value Select One-----------> 1st Time Buyer 75,000 - 80,000 80,000 - 85,000 85,000 - 90,000 90,000 - 95,000 95,000 - 100,000 100,000 - 105,000 105,000 - 110,000 110,000 - 115,000 115,000 - 120,000 120,000 - 125,000 125,000 - 130,000 130,000 - 135,000 135,000 - 140,000 140,000 - 145,000 145,000 - 150,000 150,000 - 155,000 155,000 - 160,000 160,000 - 165,000 165,000 - 170,000 170,000 - 175,000 175,000 - 180,000 180,000 - 185,000 185,000 - 190,000 190,000 - 195,000 195,000 - 200,000 200,000 - 205,000 205,000 - 210,000 210,000 - 215,000 215,000 - 220,000 220,000 - 225,000 225,000 - 230,000 230,000 - 235,000 235,000 - 240,000 240,000 - 245,000 245,000 - 250,000 250,000 - 255,000 255,000 - 260,000 260,000 - 265,000 265,000 - 270,000 270,000 - 275,000 275,000 - 280,000 280,000 - 285,000 285,000 - 290,000 290,000 - 295,000 295,000 - 300,000 300,000 - 305,000 305,000 - 310,000 310,000 - 315,000 315,000 - 320,000 320,000 - 325,000 325,000 - 330,000 330,000 - 335,000 335,000 - 340,000 340,000 - 345,000 345,000 - 350,000 350,000 - 355,000 355,000 - 360,000 360,000 - 365,000 365,000 - 370,000 370,000 - 375,000 375,000 - 380,000 380,000 - 385,000 385,000 - 390,000 390,000 - 395,000 395,000 - 400,000 400,000 - 405,000 405,000 - 410,000 410,000 - 415,000 415,000 - 420,000 420,000 - 425,000 425,000 - 430,000 430,000 - 435,000 435,000 - 440,000 440,000 - 445,000 445,000 - 450,000 450,000 - 455,000 455,000 - 460,000 460,000 - 465,000 465,000 - 470,000 470,000 - 475,000 475,000 - 480,000 480,000 - 485,000 485,000 - 490,000 490,000 - 495,000 495,000 - 500,000 500,000 - 505,000 505,000 - 510,000 510,000 - 515,000 515,000 - 520,000 520,000 - 525,000 525,000 - 530,000 530,000 - 535,000 535,000 - 540,000 540,000 - 545,000 545,000 - 550,000 550,000 - 555,000 555,000 - 560,000 560,000 - 565,000 565,000 - 570,000 570,000 - 575,000 575,000 - 580,000 580,000 - 585,000 585,000 - 590,000 590,000 - 595,000 595,000 - 600,000 600,000 - 605,000 605,000 - 610,000 610,000 - 615,000 615,000 - 620,000 620,000 - 625,000 625,000 - 630,000 630,000 - 635,000 635,000 - 640,000 640,000 - 645,000 645,000 - 650,000 650,000 - 655,000 655,000 - 660,000 660,000 - 665,000 665,000 - 670,000 670,000 - 675,000 675,000 - 680,000 680,000 - 685,000 685,000 - 690,000 690,000 - 695,000 695,000 - 700,000 700,000 - 705,000 705,000 - 710,000 710,000 - 715,000 715,000 - 720,000 720,000 - 725,000 725,000 - 730,000 730,000 - 735,000 735,000 - 740,000 740,000 - 745,000 745,000 - 750,000 750,000 - 755,000 755,000 - 760,000 760,000 - 765,000 765,000 - 770,000 770,000 - 775,000 775,000 - 780,000 780,000 - 785,000 785,000 - 790,000 790,000 - 795,000 795,000 - 800,000 Over 800,000 Credit Rating Select ---------------> Excellent Good Fair Poor

Many first time homebuyers across the country are learning from the mistakes of the previous generation of borrowers who bought homes with teaser rates only to get stuck with rising mortgage payments they could not afford. This generation of homebuyers is requesting fixed rate thirty-year mortgages that they can afford. Nationwide continues to help finance the Americans dream by offering good advice and completive home mortgage solutions to borrowers with all types of credit.

1st Time Home Buyer Loans • FHA Home Loans with 3% Down • 100% Home Financing with VA Loans • 30-Year Fixed Rate Mortgages • 95% Conforming Loans with No MI • 203k Home Rehab Loans from FHA • Conventional Home Mortgages • Low Payment Deferred Interest Loans

How to Purchase a Home with Down Payment Grant

Buying a home is something that millions dream of, but for many just having the kind of financial situation needed to do so can be difficult. A high credit score, solid debt to income ratio, and other factors are all important when starting the process of finding a home loan. One additional thing that matters tremendously is the need for a down payment.

Loans will have down payment requirements that vary greatly. Some may require as much as 20% down, and even the government backed FHA loans will require at least a 3.5% down payment – maybe more. And while some loans exist that don't require a down payment, they're out of reach for many first time home buyers since they require huge amounts of credit.

Raising that down payment amount can be hard, and saving up for it can take a long time. Luckily, there are plenty of options out there that can help. One of the best options for down payment assistance is to utilize a down payment grant.

Getting Your Down Payment

So why are few people talking about down payment grants? The answer is simple – they just don't know about them. A recent study found that out of the nearly 78 million homes and condos found throughout the country, almost 87% would qualify for a down payment. They're not all available for sale, of course, but you could find one that does qualify. Some of these grants are aimed at:

• First time home buyers
• Minority home buyers
• Lower income home buyers
• Rural home buyers
• And more

But many of the grants are simply available based on location. From state to state, county to county, numerous down payment assistance programs are available. You just need to be aware of their existence and then start looking for grants for house buying in your state and county. You could be surprised at what you find.

You'll just fill out a basic application just as you would with a traditional loan and then submit it to the appropriate location. From there, it's just a short time before you'll find out whether or not you received assistance. It's a process that is easier than you might realize, and your down payment could be closer to your bank account than you might think.