When securing a home loan, having your mortgage questions answered is essential for making informed decisions. Knowing what to ask your mortgage originator can help you understand the lending process, avoid unexpected fees, and secure the best loan for your financial situation. At North Star Mortgage, we prioritize clear communication, making it easy for you…

When navigating the home loan process, one of the most crucial elements borrowers need is mortgage transparency. Understanding your mortgage terms, interest rates, fees, and repayment options can make the difference between a seamless experience and costly surprises down the road. At North Star Mortgage Network, we believe in full transparency at every stage of…

For over 25 years, North Star Mortgage Network Inc has been a trusted name in the mortgage industry, dedicated to helping individuals secure the right mortgage product with low mortgage rates and great service. With personalized solutions and the latest financial tools, North Star Mortgage makes the mortgage process simple, transparent, and tailored to your…

Understanding your credit score is crucial for managing your finances, securing loans, and achieving your financial goals. Many consumers wonder, “How do I find my credit score?” and “Why is Credit Karma different than the mortgage company credit score?” In this post, we’ll dive into the methods for checking your credit score and explore the…

Securing a mortgage can feel overwhelming, but having the right Mortgage Documents at hand is a game-changer. Whether you’re a first-time homebuyer, self-employed, or already own a property, understanding which documents you need can help streamline your approval process. In this blog, we’ll break down the essential documents required for mortgage approval and provide tips…

At North Star Mortgage Network, we understand the diverse financial profiles of borrowers, especially those transitioning from W2 to 1099 income. Traditional mortgage programs often fail to accommodate the unique income structures of self-employed individuals and independent contractors. That’s why we offer a specialized 1099 Program tailored to meet the needs of these borrowers, providing…

Restricted Stock Units (RSUs) are a valuable form of compensation that many companies use to reward and retain employees. For individuals looking to qualify for a mortgage, understanding how RSUs function as part of income and how lenders assess them is crucial. What Are Restricted Stock Units? RSUs are similar to quarterly or annual bonuses…

When applying for a mortgage, lenders consider your total income to determine eligibility. If a portion of your income is non-taxable, lenders may “gross up” that income, increasing the effective amount used for qualification. This guide explains how to gross up non-taxable income and the requirements for different loan programs. What is Grossing Up Non-Taxable…