North Shore Mortgage

North Shore Bank is a community-focused financial institution that offers a comprehensive suite of home mortgage solutions. Catering to a diverse range of borrowers, they specialize in new home purchases, mortgage refinancing, and new home construction loans. The bank emphasizes a personalized approach, combining online resources like mortgage calculators and homeownership coaching tools with accessible loan officers to guide clients through their homeownership journey.

A key focus for North Shore Bank is supporting first-time homebuyers, providing flexible programs and assistance with down payments. They are committed to efficiency, priding themselves on fast, local decision-making and quick closing times, which is further aided by their online pre-approval process and emphasis on thorough documentation from applicants. Beyond traditional mortgages, North Shore Bank integrates their lending services with other banking products, offering benefits like closing cost discounts for checking account holders and considering eligible applicants for Home Equity Lines of Credit.

The bank also provides clear guidelines regarding escrow accounts, requiring them for loans with over 80% loan-to-value but allowing waivers for those below this threshold, subject to approval. Their dedication to competitive rates and customer convenience is evident in features like online rate alerts, ensuring borrowers are well-informed throughout the process.