Category: Blog
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
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
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
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
Mortgage Company Offers Help In More Ways Than One
HOBOKEN, NJ—Traditions have to start somewhere, and for Joe Pisa, President and CEO of Hoboken-based Northstar Funding, this one started with an e-mail in July 2012: My daughter has Type 1 diabetes and every year we do a Central New Jersey “Walk to Cure Diabetes”. Thousands of people do the walk
Moving Truck Driving Tips
Many people choose to rent a moving truck rather than hiring professional movers in order to save money when they move. Make sure to review all safety information with the rental business before driving the truck.Here are some guidelines for safe truck driving. Drive defensively Practice these basic driving habi
Educate Yourself and Save with Fannie Mae
At Homepath.com, Fannie Mae provides a search engine for homes pre-qualified for their Homepath Mortgage and possible financing of renovations as well as real estate investors. There are several highlights to this program, starting with low interest rates for fixed rate, adjustable-rate, and interest only l
No Appointment Needed
Now this is interesting; new technology is allowing home buyers to view homes without the seller or realtor being present. It works like this, buyers simply enter a code on the door of the prospective property they would like to see, they then receive a text message containing an access code enabling them t
North Star Funding donates to the Youth Consultation Service
Northstar donates to the Youth Consultation Service for the 16th Annual YCS Festival of Flavors. Each day YCS provides services to thousands of New Jersey families who have children, birth – adulthood, with special needs. Some of the children in their group homes are separated from their loved one
Rates go down after Britain pulled out of the Euro
U.S. Mortgage Rates Fall With 30-Year at Three-Year Low of 3.54%By Prashant Gopalhttp://bloom.bg/1XrtpT1Bloomberg Mortgage rates for 30-year U.S. loans fell to the lowest level in three years as expectations for the Federal Reserve’s June meeting and Britain’s potential exit from the European Union dr
Credit Checks: How Credit Report Inquiries Affect Your Credit Score
Will my FICO Scores drop if I apply for new credit? If you apply for several credit cards within a short period of time, multiple inquiries will appear on your report. Looking for new credit can equate with higher risk, but most Credit Scores are not aff
Small Banks and CUs Adjusted Well to CFPB Mortgage Rules: GAO
National Mortgage News reports that new Consumer Financial Protection Bureau rules may increase compliance costs and cause a shift with the community lenders to leave the mortgage business. However, a watchdog report found that smaller organizations have remained active. Monday, a Government Accountability Office