Search results for: jumbo
VantageScore 4.0 for Mortgages: What Changed in 2026
Gift Funds for a Mortgage: Who Can Give and What You Need to Know
Short answer Gift funds are allowed on conventional, FHA and VA loans. What changes by program is who is allowed to give, how the money has to be documented, and whether any of the down payment still has to be your own. Call or text 904-880-6741 Ask about your actual file — no SSN, no…
Read MoreMortgage Guidelines for Non-Permanent Residents & Foreign Nationals
Short answer Lawful non-permanent residents can generally qualify for the same conventional and FHA financing as citizens. Foreign nationals with no U.S. credit or residency are a different track — business-purpose financing on non-owner-occupied property. Call or text 904-880-6741 Ask about your actual file — no SSN, no credit pull. By Nathan Young, founder and…
Read MoreWritten Verification of Rent: What Lenders Require
By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.
Read MoreWaiting Periods After Bankruptcy, Foreclosure or Short Sale in Florida
By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.
Read MoreMortgage Calculators: Estimate Your Monthly Payment with Confidence
Looking to understand your future mortgage payment? At North Star Mortgage Network , we make it simple to get a clear picture of your monthly housing cost with…
Read MoreProjected Income: How It Can Help You Qualify for a Mortgage
By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.
Read MoreCan a Realtor Parent Gift Their Commission Toward a Child’s Down Payment?
Short answer It can be possible. Because the parent is also an interested party to the sale, the lender looks closely at whether the money is a true gift or a commission credit, and the rules vary by loan program. Program guidelines apply. Call or text 904-880-6741 Ask about your actual file — no SSN,…
Read MoreCan NON-PERMANENT RESIDENTS Qualify for a Mortgage? Here’s What You Need to Know
By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.
Read MoreUnderstanding Seasonal Income for Mortgage Qualification
Short answer Seasonal income usually counts when there is a documented history in the same line of work and a reasonable expectation it continues. The averaging method is what decides how much of it you actually get to use. Call or text 904-880-6741 Ask about your actual file — no SSN, no credit pull. By…
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