home loans

Home Price Gains Slow on FHFA Index

J. Pisa | August 22, 2017
BY: JANN SWANSON The Federal Housing Finance Agency (FHFA) reported on Tuesday that home prices were up in 48 states and the District of Columbia during the second quarter of 2017.  The…

Freddie Mac Puts Price on All-Cash Transactions

J. Pisa | August 18, 2017
BY: Jann Swanson As investors flooded into the housing market after it collapses, they brought cash with them.  At one point, 35 percent of home sale transactions were closed without…

Refis Enjoy Nice Bounce Thanks to Lowered Rates

J. Pisa | August 17, 2017
BY: JANN SWANSON There is still life left in refinancing.  While at nowhere near the levels of a few years ago, Ellie Mae's Origination Insight Report for July reported that the percentage…

Don’t Worry, Housing Only “Feels” Unaffordable

J. Pisa | August 15, 2017
BY: JANN SWANSON Housing, at least according to Freddie Mac vice president and chief economist Sean Becketti, isn't unaffordable.  It just feels that way.  Becketti, in a recent post on the…

Loan Limits for Conventional Mortgages

J. Pisa | July 21, 2017
The Federal Housing Finance Agency (FHFA) publishes annual conforming loan limits that apply to all conventional mortgages delivered to Fannie Mae, including general loan limits and the high-cost area loan…

Conforming Plus Future Income Program

J. Pisa | July 5, 2017
The Conforming Plus Future Income program allows a borrower to close a loan 120 days prior to starting their new job. NOTE: The Future Income Program is ONLY to be…

Check Out Our Low Down Payment Options!

J. Pisa | June 30, 2017
Down payments as low as 3% Conventional: 3% down with min. 620 FICO  HomeReady: 3% Down payment can come entirely from a gift (Same min. FICO applies) Home Possible Advantage:…

More options. Better service. Fewer overlays.

Northstar Team | May 16, 2017
NorthStar Funding, Inc. works with many national lenders and several production channels to meet your company’s business model. From Wholesale to fully-delegated Correspondent lending, NorthStar provides a wealth of options that…

Freddie & Fannie Loans Compared

Northstar Team | March 8, 2017
FREDDIE/LP Loans FANNIE/DU Loans NEW! BORROWER CONTRIBUTION - No minimum on primary >80% with or without non-occupant BORROWER CONTRIBUTION - from the borrower's own funds is not required - all funds needed…