Category: Blog
Northstar Funding has made our FHA program more attractive!
Northstar Funding has made our FHA program more attractive by lowering the minimum credit scores and decreasing or eliminating several overlays, making this program highly competitive and easier to qualify. Conforming with credit scores as low as 580 High Balance loans eligible with credit scores as low as 620 H
Mortgage Rates Hold Ground at Recent Lows
While mortgage rates didn’t enjoy as strong of a move lower as US Treasuries last week, they were nonetheless right in line with their best levels since late June. Any time bond markets make an abrupt move to highs or lows, there’s a risk that the subsequent move will be a correc
Loan Specials for Co-ops & Condos
Loan Specials for Co-ops & Condos 7/1 ARM 3.000% Non-Agency 5/5 ARM 2.750% Non-Agency 5/1 ARM 2.750% Non-Agency Loan Special Guidelines ? Coop/Condo Only ? Primary/ Secondary Home Only ? Loan Amount: Minimum of $500,000 up to $2,500,000 Maximum ? Property must be located in one of the five boroughs ? 8
Northstar Funding Inc – A Proud Sponsor of YCS
All charitable organizations are to be applauded. There are some, however, that make us feel particularly grateful that they exist. Organizations that make us realize how important their work is and how fortunate those are who benefit by such groups. One such organization is the Youth Consultation Ser
Townhouse snagged for record price by Neil Patrick Harris (Harlem)
Last October this four-story, 8000-sq-ft townhouse at 2036 Fifth Avenue in Harlem made everyone’s jaws drop when it went under contract for the full asking price of $4 million. It was later confirmed that this neighborhood record-setting purchase was made by the one and only, Neil Patrick Harris. That and t
Northstar Funding Inc. Takes The Old Line State
We are very proud to announce that Northstar Funding is now licensed in Maryland! This is an amazing little state located in the Mid-Atlantic region of the United States. This state while small in stature is one of the most densely populated states and boast the highest median household income, making
COMMERCIAL MORTGAGE PROMOTION
COMMERCIAL MORTGAGE PROMOTION Multi- Family * NJ Residential Multi- Family over 9 units *NYC Residential Multi- Family over 4 units Loan to Value ratio 75% or under / debt service minimum ratio 1.25 times * 5/10/30 at 3.250% initial 5 years with rate reset at 5 year anniversary to the then
Manhattan Luxury~Closed and Funded in 29 Days
The Carlton House…need I say more? I think not. Still, I will elaborate for the sake of waxing poetic on what was a very difficult loan to close. One of Architectural Digest’s Top 100 interior design firms, Katherine Newman Design, and acclaimed architectural firm Beyer Blinder Belle have
BEST HOME OWNER’S INSURANCE RATES
I give my personal recommendation to Jason DuHaime who has delivered time an d time again with the best insurance rates for our customers. . He always is the lowest premiums and gets the same coverage for less. Give him a shout! Jason DuHaime VP, Business Operations | Paladin Insurance Agen
The Equity-Credit Triangle – Get Your Mortgage Approved
If you want to get approved for any type of mortgage – conforming, FHA, jumbo, VA or otherwise – you will need to satisfy the Mortgage Income-Equity-Credit Triangle. As it implies, you will need to show your income, equity and credit. It’s not complicated. Income: Your monthly
Take time this day to honor our fellow American
Memorial Day Office Closure A reminder that Monday, May 26th is Memorial Day. Our office will be closed. We hope that you will take time this day to honor our fellow Americans who have fallen defending our country and to enjoy this extra time with your family. We will reopen on Tuesday morning, May 27th.
Northstar Funding Inc. Construction-to-Permanent Loans
A Construction-to-Permanent Loan will allow you to build, renovate, or expand the home of your dreams. This loan is the proverbial cornerstone for your construction project. The Construction-to-Permanent Loan offers: One-time closing costs which translates into big savings; The ability to lock in your perm