Search results for: credit
Why Choosing a Local Lender in Florida Like North Star Mortgage Beats a 1-800 Number
When it comes to securing a mortgage, choosing the right lender, a Local Lender can make all the difference.
Read MoreUnderstanding Restricted Stock Units (RSUs) and How They Impact Mortgage Qualification
Restricted Stock Units (RSUs) are a valuable form of compensation that many companies use to reward and retain employees.
Read MoreStay Informed with Reliable Mortgage Information from North Star Mortgage Network
In today’s ever-changing housing market, having access to accurate and up-to-date mortgage information is crucial.
Read MoreUnlock More Income with North Star Mortgage Network’s Unique Income Formula
At North Star Mortgage Network, we understand that every borrower has a unique financial situation.
Read MoreBank Statement Loans
A Flexible Mortgage Solution for Self-Employed Borrowers Bank Statement Loans Florida At North Star Mortgage Network, we help Florida’s self-employed borrowers secure financing through Bank Statement Loans Florida. With this loan, lenders use your bank deposits instead of tax returns or W-2s. That makes it easier for business owners, freelancers, and contractors to qualify. What…
Read MoreUnderstanding the Freddie Mac Home Possible Loan
For many prospective homeowners, the biggest hurdle to buying a home is the down payment. The Freddie Mac Home Possible® mortgage is designed to help very low-…
Read MoreWho Can Refinance a Home When Not Currently on the Loan? Your Guide to Rate & Term and Cash-Out Refinancing
Short answer Yes. If your name is on the title but not on the mortgage, you can usually refinance the property in your own name. A rate-and-term refinance is the straightforward route, and it is how most people add or remove a spouse. A cash-out refinance is stricter, and the ownership and timing rules are…
Read MoreUsing Alimony and Child Support as Income to Qualify for a Mortgage
Short answer Alimony and child support can count as qualifying income when you can document that you receive it and that it will continue. The documentation is what decides it — the court order alone is usually not enough without proof of actual receipt. Call or text 904-880-6741 Ask about your actual file — no…
Read MoreCan I Purchase the Home I’m Currently Renting? North Star Mortgage Makes It Easy!
If you’re renting a home and love where you live, you may be wondering: Can I buy the house I’m currently renting? The good news is yes, you can! Many renters…
Read MoreCan You Get Fully Approved for a Mortgage Before Finding a Home? Yes!
In today’s competitive market, homebuyers need every advantage possible. That’s where Full Credit, Income, and Asset Approval comes in.
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