Residential Mortgage Credit Report

Your Mortgage Journey Started Before We Asked You to Spend a Dollar

Many lenders pull credit in the first five minutes. I work differently. Before I ask anyone to pay for a credit report, I take time to understand the situation: your goals, your income and savings, the home you have in mind, and anything in your history that might need a closer look. Then I check which loan programs may fit and look for obvious problems before they cost you money.

I do this because I respect your time and your money. If I can see a clear roadblock early, I would rather tell you now than after you have paid for anything.

If I've sent you to this page, it means that based on what we've discussed so far, there appears to be a promising path forward. The official mortgage credit report is the next step. It is not the beginning of my involvement, and it does not replace the guidance you've already received. It simply lets us confirm the details.

"I believe in doing the preliminary homework before asking you to make a financial commitment. Once we've identified a promising path forward, the official mortgage credit report helps us confirm the details and decide on our next steps."
Nathan Young

Why the Mortgage Credit Report Matters

The scores you see on free consumer apps such as Credit Karma are useful for keeping an eye on your credit, but they are usually not the scores mortgage lenders use. Mortgage lenders rely on mortgage-specific credit scoring models and a detailed report that combines information from the major credit bureaus. It is common for those scores to differ from an app score, sometimes by a meaningful amount.

The residential mortgage credit report helps us:

• Confirm your qualifying mortgage credit scores
• See which loan programs you may be eligible for
• Get closer to a realistic estimate of your rate and payment
• Spot credit items that could slow down or block an approval
• Run automated underwriting where appropriate
• Prepare a more accurate mortgage pre-approval

In short, it moves us from a preliminary conversation to verified information.

Credit Report Fees

These are the current estimated fees, including a 2.65% card processing charge. Fees are set by the credit reporting provider and can change, so please confirm the final amount on the payment screen before you authorize.

North Star Mortgage Network does not mark up the credit report fee or keep any part of it. You pay CIC Credit directly for a third-party service. It is not a mortgage application fee, and it is not a charge for my guidance.

COMPLETE MY CREDIT REPORT & MOVE FORWARD

Who Is CIC Credit, and Why Do We Use Them?

CIC Credit is a mortgage credit reporting and verification company. It was established in Nashville, Tennessee in 1921, is headquartered in Goodlettsville, Tennessee, and has an office in Tampa, Florida. CIC provides mortgage credit reports and related verification services to mortgage lenders and brokers, and it is employee-owned.

When you click the button on this page, you go straight to CIC's secure page to enter your information, authorize the credit inquiry, and pay the fee. CIC processes the payment. North Star Mortgage Network does not receive any portion of it.

More Than a Credit Report. A Clearer Path Forward.

The fee covers the credit data. What you get from it is a professional review with me:

• A walk-through of your mortgage credit profile
• A plain-English explanation of the scores that apply to you
• A look at which financing options may fit
• Any credit issues that could get in the way, flagged early
• Personal guidance on the next steps
• Credit improvement suggestions, if they would help

Ordering the report does not guarantee an approval or a particular interest rate. It gives us the facts we need to give you honest answers, and I stay with you through what comes next.

Here's What Happens Next

Getting your paperwork ready? Here is my mortgage documents checklist. You can also read how mortgage pre-approval in Jacksonville works, or what to do if a bank already told you no.

Frequently Asked Questions

Why do I have to pay for my mortgage credit report?

The mortgage credit report is a third-party service with a real cost. I invest my own time up front, before you spend anything, and ask you to cover the report only once there appears to be a promising path forward. The fee pays for the credit data, not for my advice.

Does North Star Mortgage make any money from the credit report?

No. North Star Mortgage Network does not mark up the fee or keep any portion of it. You pay CIC Credit directly.

Why can't you use my Credit Karma scores?

Free consumer apps usually show educational scores built on different scoring models than the ones mortgage lenders use. Lenders need mortgage-specific scores and full credit detail to price and approve a loan, so an app score cannot be used for a mortgage decision.

Will ordering this report affect my credit score?

Yes, it is a hard inquiry, which can lower a score slightly, usually for a short time. Credit scoring models generally treat several mortgage inquiries within a short shopping window as a single inquiry. The length of that window depends on the scoring model.

What if my credit score isn't high enough?

Then we'll know exactly where you stand and what to work on. Different programs and lenders have different requirements, and I work with many wholesale lenders. If you're not ready yet, I can suggest practical steps to improve your credit and a plan to revisit.

Can I get a copy of my credit report?

Ask me and I'll go over the report with you item by item. You can also get free copies of your consumer credit reports from each bureau at AnnualCreditReport.com.

How long is my mortgage credit report valid?

It depends on the lender and loan program. Many accept a credit report for roughly 90 to 120 days. If your purchase or refinance takes longer, or your credit changes, a new or updated report may be needed.

Does purchasing the report guarantee loan approval?

No. Approval depends on a full review of your credit, income, assets, the property, and underwriting. The report is one important piece of that picture.

Can my spouse or co-borrower be included?

Yes. Choose the joint option and both applicants can be included on one report at the joint fee shown above.

What happens after I complete the report?

I'm notified when the report is ready. I'll review it, then contact you to go over the results and the next steps.

Hundreds of 5-Star Google Reviews. See what clients say on Google.

Disclosure: Ordering a residential mortgage credit report results in a hard credit inquiry, which may affect your credit scores. Ordering a report does not guarantee mortgage approval. All loans are subject to credit approval and to review of income, assets, property, and underwriting requirements. Available for qualified borrowers. Program guidelines apply. Rates and terms are subject to change and depend on qualification. A credit report may expire or need to be updated before closing. Credit report fees are set by the credit reporting provider and are subject to change.

Nathan Young, NMLS #325206 | North Star Mortgage Network, Inc., Company NMLS #356789 | 12058 San Jose Blvd, Suite 404, Jacksonville, FL 32223 | 904-880-6741 | nathan@nsmn.com | Equal Housing Opportunity