Loan Programs — NorthStar Mortgage
✦ Loan programs

Six routes. One destination: your front door.

Every buyer's map looks different. Compare the six programs we write most, then start an application — it takes about ten minutes and won't ding your credit.

✦ 01 — Conventional

Conventional loans

The most common route home, and usually the cheapest over the life of the loan if your credit is in good shape. Fixed and adjustable terms available.

  • As little as 3% down for qualified buyers
  • Best pricing typically at 620+ credit; strongest at 740+
  • PMI drops off automatically at 78% loan-to-value
  • Ideal for buyers with steady income and established credit
Start my application
✦ 02 — FHA

FHA loans

Backed by the Federal Housing Administration, FHA loans open the door for buyers still building credit or saving toward a bigger down payment.

  • 3.5% down with a 580+ credit score
  • Flexible debt-to-income guidelines
  • Gift funds allowed for the full down payment
  • Great for first-time buyers and credit rebuilders
Start my application
✦ 03 — VA

VA loans

You served. This is the benefit you earned — and we make sure it's honored with fast, respectful processing by officers who know the program cold.

  • $0 down payment required
  • No monthly mortgage insurance — ever
  • Competitive rates, often below conventional
  • For active-duty, veterans, and eligible surviving spouses
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✦ 04 — Jumbo

Jumbo loans

For homes above the conforming limit ($806,500 in most counties), our jumbo program delivers big-loan financing without big-bank runaround.

  • Loan amounts up to $3.5 million
  • 10% down options for well-qualified borrowers
  • 700+ credit recommended; reserves required
  • For luxury purchases and high-cost markets
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✦ 05 — Refinance

Refinance

Rate-and-term to lower your payment, or cash-out to fund the kitchen you've been sketching on napkins. We show you the break-even math before you commit.

  • Rate-and-term, cash-out, and streamline options
  • Drop PMI once you reach 20% equity
  • Honest break-even analysis — we'll tell you if waiting wins
  • For homeowners with 6+ months in their current loan
Start my application
✦ 06 — First-time buyer

First-time buyer program

Your first mortgage, translated into plain English. We pair you with one advisor who stays with you from pre-approval to keys — and we never rush the questions.

  • Down payment assistance options up to $15,000
  • Works with conventional 3% down or FHA 3.5% down
  • Free homebuyer strategy session before you shop
  • For anyone who hasn't owned in the last 3 years
Start my application
✦ Lost your bearings?

Not sure where to start?

Most buyers aren't. Answer a few questions in our application and a loan advisor will point you to the strongest program for your situation — usually within one business day.

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