Search results for: usda
Who 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 MoreFirst-Time Homebuyers: Why Your First Call Should Be to North Star Mortgage Network
Buying your first home is an exciting milestone, but it can also feel overwhelming. With countless decisions to make, from budgeting to choosing the right…
Read MoreWhy You Should Double-Check Your Mortgage Offer
Buying a home is one of the biggest financial decisions you’ll ever make. With so many lenders and loan options available, how do you know you’re getting the…
Read MoreNON-CITIZEN BORROWER ELIGIBILITY. Non-Citizen Borrower Eligibility: Can You Get a Mortgage in the U.S.?
The American dream of homeownership isn’t limited to U.S. citizens. Non-citizens, including permanent residents and certain visa holders, can qualify for a…
Read MoreHow Student Loan Payments Affect Getting a Mortgage
For many Americans, student loans are a reality that follows them well into adulthood. If you’re considering buying a home, you may be wondering how your…
Read MoreHow to Get a Mortgage
Purchasing a home is one of the biggest financial decisions you’ll make in your lifetime. It’s exciting but can feel overwhelming at times, especially if…
Read MoreAppraisal Deficiencies
When it comes to buying or selling a home, understanding what appraisers look for during an inspection is crucial—especially when it comes to rating the…
Read MoreFHA Loans and the Self-Employed: Key Changes You Need to Know
Short answer FHA generally looks for a two-year self-employment history, with documented exceptions at one year. What usually decides the approval is how the income is calculated off your returns — not the number of years by itself. Call or text 904-880-6741 Ask about your actual file — no SSN, no credit pull. By Nathan…
Read MoreTERMITE INSPECTIONS
By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.
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