Loan Programs

When you’re buying, refinancing, or investing, exploring your Florida Mortgage Loan Options is the key to making a confident financial decision. At North Star Mortgage Network, we’ve helped Florida families and investors secure the right financing for over 25 years.

Our team understands that every borrower’s needs are unique. Whether you’re a first-time homebuyer in Jacksonville or an investor expanding across Florida, we’ll help you match the perfect loan to your goals — always with transparency, integrity, and competitive rates.

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Conventional Loans

Conventional loans are the most common Florida Mortgage Loan Options for buyers with solid credit and stable income. These programs offer flexible terms, competitive rates, and the ability to remove private mortgage insurance (PMI) once you reach 20% equity.

FHA Loans

Backed by the Federal Housing Administration, FHA loans make homeownership accessible with low down payments (as little as 3.5%) and lenient credit requirements — ideal for first-time buyers or families with limited savings. Visit HUD.gov to learn more.

VA Loans

A benefit for our nation’s heroes, VA loans offer zero down payment, no PMI, and some of the lowest rates available. Eligible veterans, service members, and surviving spouses can achieve homeownership with confidence. See details at the U.S. Department of Veterans Affairs.

Refinance Programs

Our Florida refinance options help homeowners lower their monthly payments, shorten loan terms, or eliminate mortgage insurance. Refinancing can reset your financial strategy, especially when rates improve or your credit strengthens.

Cash-Out Refinance

A cash-out refinance allows you to access the equity in your home for renovations, debt consolidation, or investments. It’s a powerful tool to turn your property’s value into usable cash while maintaining favorable loan terms.

Rate-and-Term Refinance

A rate-and-term refinance replaces your current mortgage with a new one featuring a lower interest rate or shorter term — without pulling out additional funds. This program can save thousands in interest and stabilize your monthly budget.

Down Payment Assistance Programs

Florida buyers with limited funds may qualify for Down Payment Assistance Programs that provide grants or low-interest loans to help cover upfront costs. These programs can make homeownership achievable with less money out of pocket.

Hometown Heroes Program

Florida’s Hometown Heroes Program helps eligible frontline workers — such as teachers, firefighters, nurses, and law enforcement — purchase homes with reduced interest rates and assistance toward down payment and closing costs.

Florida Bond Program

The Florida Bond Program offers fixed-rate loans with down payment and closing cost assistance for income-qualified homebuyers. It’s one of the most valuable Florida Mortgage Loan Options for first-time buyers across the state.

USDA Loans

Designed for rural and suburban buyers, USDA loans feature zero down payment and reduced mortgage insurance premiums. Check eligibility through USDA Rural Development.

Jumbo Loans

For high-value or luxury homes exceeding conforming limits, Jumbo loans provide large-scale financing with competitive rates. These programs are ideal for borrowers with strong credit and income profiles.

Non-QM Loans

Non-QM (Non-Qualified Mortgage) loans are flexible options for borrowers who don’t fit traditional guidelines — such as self-employed professionals, investors, or those with complex income structures.

Bank Statement Loans

Perfect for entrepreneurs and small business owners, Bank Statement Loans qualify borrowers based on business deposits instead of tax returns. We review 12 or 24 months of statements to determine your income.

DSCR Loans

DSCR (Debt Service Coverage Ratio) loans are tailored for real estate investors. These programs qualify properties based on rental income rather than personal income — making it easier to grow your portfolio.

Construction Loans

Build your dream home with a Construction Loan, offering funds to cover lot purchase and construction costs. Once complete, the loan converts to permanent financing for simplicity and savings.

Renovation Loans

Renovation Loans allow you to finance both the purchase price and the cost of home improvements in one mortgage. It’s a great solution for buyers looking to add value through upgrades.

Manufactured & Modular Home Loans

We proudly finance Manufactured and Modular Homes across Florida. These loans provide affordable housing solutions with terms similar to traditional site-built homes, provided they meet foundation and HUD standards.

Asset Depletion Loans

With an Asset Depletion Loan, you can qualify using your savings, retirement funds, or investment accounts as income — an excellent option for retirees or high-net-worth borrowers.

Interest-Only Loans

Interest-Only Loans offer lower initial monthly payments, ideal for investors or borrowers with short-term ownership plans. You pay interest for a set period before principal payments begin.

Foreign National & ITIN Loans

For non-U.S. citizens, Foreign National Loans and ITIN Loans make homeownership possible in Florida with flexible documentation and competitive rates.

Reverse Mortgages

A Reverse Mortgage lets homeowners aged 62 and older access their home equity as tax-free income while maintaining ownership. It’s a safe way to supplement retirement income without selling your home.

Why Choose North Star Mortgage Network

At North Star Mortgage Network, our thin-margin approach allows us to consistently beat big banks on rates, fees, and service. Nine times out of ten, we deliver better results — and always with personal, honest guidance.

We serve all of Florida — from Jacksonville and St. Johns County to Orlando, Tampa, and Miami — helping families and investors make informed, confident mortgage decisions.