Search results for: usda
Waiting 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 MoreHome Report
Florida Home Report – Get the Facts Before You Buy When you’re preparing to buy a home, information is power. That’s why North Star Mortgage Network offers the Florida Home Report, a free resource designed to give buyers, sellers, and realtors the insights they need to make confident real estate decisions. The Florida Home Report…
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…
Read MoreOMITTING PENDING SALE: How to Exclude Your Existing Mortgage When Buying a New Home
Short answer You can sometimes exclude the mortgage on a home you are selling before that sale closes — but it takes specific documentation of the executed contract, and the requirements differ by loan program. Call or text 904-880-6741 Ask about your actual file — no SSN, no credit pull. By Nathan Young, founder and…
Read MoreMortgage Questions Answered: What to Ask Your Mortgage Originator and How North Star Mortgage Simplifies the Process
When securing a home loan, having your mortgage questions answered is essential for making informed decisions.
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.
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