For those dreaming of owning a hobby farm or rural estate, financing can often be a challenge. Traditional mortgage lenders may not always cater to unique rural properties, leaving buyers searching for the right loan solutions. Fortunately, specialized hobby farm lending options exist to meet the needs of buyers who seek properties with acreage, income-producing…

President blasts central bank governor, says Fed has done ‘terrible job’ following latest rate decision President Donald Trump launched a broadside against the Federal Reserve after the central bank hit pause on rate cuts, accusing Fed decisionmakers of doing a “terrible job” on bank regulation and curbing inflation. In a Truth Social post following Wednesday’s…

For many Americans, student loans are a reality that follows them well into adulthood. If you’re considering buying a home, you may be wondering how your student loan payments will impact your ability to qualify for a mortgage. The good news? Having student loans doesn’t automatically disqualify you from homeownership. However, they do play a…

Hard money loans are an alternative financing option primarily used by real estate investors and developers who need fast, flexible funding. Unlike traditional bank loans, which focus on a borrower’s creditworthiness and financial history, hard money loans are asset-based. This means they are secured by the value of the property rather than the borrower’s credit…

A renovation loan is a type of financing that allows homeowners and buyers to fund home improvements, repairs, and upgrades by rolling the costs into their mortgage. These loans are especially beneficial for purchasing fixer-uppers, modernizing outdated homes, or making essential repairs without needing immediate out-of-pocket expenses. Types of Renovation Loans There are several renovation…

Understanding FHA Mortgage Insurance: What You Need to Know When exploring mortgage options, especially as a first-time homebuyer, FHA loans often rise to the top of the list. Backed by the Federal Housing Administration, FHA loans are attractive due to their lower down payment requirements and flexible credit standards. However, a critical component of FHA…

Life happens, and sometimes financial setbacks can put homeownership dreams on hold. If you’ve recently completed a short sale, deed-in-lieu of foreclosure, bankruptcy, or foreclosure, you might think buying a home again is years away. However, as a rebounding home buyer, you have options to get back on track and into a home sooner than…

When it comes to tapping into the equity of your home, making the right choice for your financing partner is crucial. Whether you’re looking to consolidate debt, fund a major expense, or invest in home improvements, a stand-alone fixed rate home equity loan offers a reliable way to access the funds you need. At North…

Purchasing a condominium can be an exciting opportunity, but financing one that’s classified as “non-warrantable” can sometimes feel like a daunting challenge. That’s where North Star Mortgage Network steps in to make the process smoother and more accessible. If you’re exploring non-warrantable condominium financing, here’s why North Star Mortgage Network should be your trusted partner.…

Have you ever driven past a stunning piece of land and imagined building your dream home there? At North Star Mortgage Network, we’re here to make that dream a reality with our flexible and competitive lot loan options. Why Choose a Lot Loan? Lot loans are specifically designed to help you purchase the perfect piece…