Everything You Need To Know About a Home Inspection

If you are buying a home for the first time, you might be looking at ways to cut costs or save money as it does tend to be a pretty expensive process. One way some people choose to do this is to cut out anything that’s not necessary. In regard to the home inspection, you…

If you are thinking about selling or refinancing your home, you will need to get an appraisal to help determine the value of the home. During the appraisal, they will look at the size of the home, condition, as well as its amenities to help determine its value compared to other properties on the market…

If you have applied for a home loan and did not get approved, that doesn’t mean you are out of luck. There are plenty of reasons people don’t get qualified for a home loan; whether it be due to their current financial situation or credit history, and if you’ve been working at getting approved for…

Lower Rates, Lower Payments A classic reason to refinance is to get cash out. Whether it be to add an extra room or buy a second home, a cash out refinance could be just the right move to make. When you lower your interest rate, you can get a cash out refinance as well. This…

A portfolio loan is fairly similar to the more popular types of loans available except the lender keeps the debt “in house” and earns interest on the loan versus it being serviced by another lender like a big bank such as Wells Fargo or Chase. Most portfolio loans are available from private lenders and are…

When it comes to finding a home you want to purchase, there are a lot of steps involved, especially those that pertain to your finances. Once you have secured funding for the home of your dreams, you might think all that is necessary is to sign some paperwork and the home is yours. But sometimes…

The average 30-year fixed rate for a conforming loan fell to a record-low 3.47% last week, the Mortgage Bankers Association said Wednesday. U.S. mortgage rates tumbled to the lowest on record last week after the Federal Reserve slashed its key lending rate and pledged to pump billions into the mortgage bond market to support liquidity.…

It’s no secret that buying a home is a big decision and the financial commitment is one to be taken pretty seriously. Your credit score is very important when discussing finances with a lender so you want to do whatever you can to make sure it’s at the highest it can possibly be. Your debt-to-income…

NO, Unfortunately You Can’t Get That New “0%” Mortgage Rate You Heard About Lots of words recently and lots to do for all of us, so let’s make this simple. No, you can’t get a that new 0% mortgage rate you heard about! It doesn’t exist. That’s the Fed Funds Rate. It applies to overnight…

Funding for properties whether it be for personal or investment purposes, comes in all shapes and sizes so even to those that are experienced in the real estate industry, there’s still a lot to learn as the market is always changing. The experts at North Star Mortgage Network can help you guide you along the…