Are mortgage rates the same for everyone?

No. Mortgage rates depend on several factors, including credit score, loan type, down payment, occupancy, and market conditions. This is why comparing options through a broker can make a meaningful difference.

Pre-qualification is an estimate based on basic information.Pre-approval is more accurate and includes a credit check and document review. A pre-approval carries more weight with sellers and real estate agents.

Yes. Self-employed borrowers can qualify using tax returns, bank statements, or alternative income documentation, depending on the loan program. A mortgage broker can help identify lenders that specialize in self-employed borrowers.

Most lenders will ask for: Recent pay stubs Last two years of W-2s or tax returns Bank statements Photo ID Authorization to pull credit Self-employed and investment property loans may require additional documentation.

Credit score requirements vary by loan program: FHA loans: typically start around 580 Conventional loans: often 620 or higher VA loans: no official minimum, but lenders may have overlays Even if your score is lower, options may still be available.

For most borrowers, a mortgage broker offers more options, greater flexibility, and personal service than a big bank. Banks only offer their own loan products, while brokers can access dozens of lenders, including wholesale rates not available directly to consumers. Reputable Brokers are better.

A mortgage broker works on your behalf to shop multiple lenders and loan programs to find the best mortgage for your situation. Instead of being limited to one bank’s products, a broker compares rates, terms, and guidelines across many lenders to help you save money and avoid unnecessary delays.

Nationwide commercial real estate lending gives investors and business owners access to flexible financing solutions that go far beyond traditional bank loans. If you are purchasing, refinancing, or pulling cash out of a commercial property, the structure of the loan matters just as much as the rate. At North Star Mortgage Network, we specialize in…

Mortgage rates change daily and are based on your specific scenario—there isn’t a single rate that fits everyone. Your rate is influenced by factors such as: Credit score Loan type (FHA, VA, Conventional, DSCR, etc.) Down payment or equity Property type and occupancy Market conditions that change every day At North Star Mortgage Network Inc.,…

Because choosing a mortgage isn’t just about a rate — it’s about who’s actually working in your best interest. At North Star Mortgage Network Inc., we operate very differently than big banks, credit unions, or online call-center lenders. Here’s the real difference: More loan options – We shop multiple wholesale lenders, not just one bank’s…