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NorthStar Mortgage Corp.




A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
 
NorthStar Mortgage Corp. offers prospective homebuyers and homeowners the most competitive rates and loan programs available. NorthStar has been operating as a mortgage lender for 15 years in Massachusetts. As a lender NorthStar represents many wholesale banks across the country, which allows them to offer you an amazing degree of flexibility in terms of low rates and program guidelines. Their success can be linked to the majority of their business being from referrals or repeat clients. 
 
Their clients appreciate their low rates, but the ease of the loan process is what keeps them coming back. In addition, the honest estimates and no surprises at closing have given NorthStar its  a number one rating with the Better Business Bureau, which they are extremely proud of. These important factors will offer you the quality of service you should expect when you look for your next home loan. At NorthStar Mortgage Corp. they recognize that although there are a tremendous number of   loan programs available, often times they do not meet a need that many first time home-buyers have. The majority of these loan programs have reduced restrictions on underwriting guidelines such as amount of down payment required, acceptable source of down payment funds, relaxed credit score requirements etc.  At the same time, many not all though of these loan programs require that the borrowers have a household income that is below a certain level, and/or they have moderately higher interest rates.

They have decided that the best way to help first time buyers save money was to offer reduced closing costs. Most of their loan programs will allow for this, so even if there isn't a First Time Buyer loan program that offers you the savings you're looking for, they can still help you save money.

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