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Are you in the beginning stages of buying a new home, and wondering what initial steps you should take in order to obtain a mortgage? You have probably heard that getting preapproved for a loan and being prequalified for a mortgage can give you an advantage over other potential buyers, but what do these terms…

Deciding on a suitable financing option and what type of interest rate you will pay on your home loan are major factors to consider when purchasing a new home, and selecting an interest rate that works best for your situation can end up saving you a great deal of money in the long run. In…

Are you interested in buying a home that maybe needs some extra upkeep and maintenance, or do you already own a home that needs some repair or updated accommodations? If so, you may want to consider getting a homestyle renovation loan, which allows homebuyers and homeowners to renovate their home. If you want to learn…

Buying a home means considering how you plan to improve that home and make it your own. The term renovation doesn’t mean a big task, it can mean several small projects that make up your renovation over time. Whatever the case, there are some things to consider before you get started. Increasing the value of…

There are many factors that can affect your mortgage rate and we want to make sure you know what they are no matter what place you’re at in the home buying process. As often as low interest rates are advertised, many who apply find out they don’t qualify. The best way to avoid this situation…

When you begin upon your search for a home, the one thing that most people think about the most is how much they can afford. Besides the mortgage, there are other factors like renovations, appliances and closing costs but these things are considered when you’re buying a home that is listed as “used.” When it…

Thinking about buying a home can be a very exciting time but when it comes to financing the home, that might come with a little less excitement. Purchasing a home is a big deal and whether you are pre-qualified or just getting started on your search for a home, it’s always a good idea to…

As interest rates drop, more and more people are looking into buying homes for their first time and with that comes lots of new terminology and information as well. One of things that many first time homebuyers overlook is the possibility to purchase land versus buying a home outright. Starting with a blank canvas might…

Making the decision to purchase a home can be very exciting, but we know that it can also bring about a lot of questions and concerns. It’s a very big decision especially for a first time home buyer and at North Star Mortgage Network, we want to do whatever we can to help you along…

Most adults know that your credit score matters whether they’ve had one credit card or five, but getting to know how that three digit number is made up is something a little less well known. Your FICO score can determine if you’re able to secure a loan, a home, and can even affect whether or…