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Financing a home of your own might seem like only a dream. But dreams can come true with these basic tips.

1. Document your finances. Look at how you spend your paycheck, including credit card or student loan payments. If you can keep your monthly debt obligations below 43% of your income, you have a better chance of qualifying for a mortgage.
2. Don’t put it off. It costs nothing to meet with our mortgage professionals and decide if you’re ready financially. We can also show you mortgage programs that might fit your unique needs. 
3. Maintain good credit. If your credit score is around 620 or below, talk to us about ways you can raise it before applying for a mortgage.
4. Avoid new debt. Don’t get new credit cards or make big purchases with plastic that can drive down your credit score.
5. Save toward a down payment. A down payment of just 5% can make all the difference in getting approved if your credit score isn’t the best.
6. Find a co-signer. If you can’t qualify for a mortgage on your own, having a co-signer can help compensate for less-than-perfect credit.

 

At North Shore Bank we’re happy to help you start on the path to home ownership. Call us at 877-672-2265 today, or apply online for a mortgage right now.

Many homeowners refinance with North Shore Bank to reduce monthly payments, slash years off their loan term, get cash out and save many thousands of dollars in interest.

Refinancing your home often makes financial sense if:

• You can save at least a point or two off your current interest rate
• Your credit score has improved and you qualify for a lower rate
• Your financial situation has changed and you need lower payments – or you can now afford larger payments

 

A good place to start is by checking our rates and comparing them to your current mortgage. You might end up pocketing big savings over the life of the loan, or owning your house free and clear much sooner. Use our refinancing calculator to assess potential savings and break-even points.

To find out more, apply online with no obligation. Refinancing with North Shore Bank is quick and easy, with no appraisal required, and our loan officers are happy to discuss your options.

Visit our mortgage rates page and you can see our loan options at a glance. But keep in mind that a smart mortgage is a lot more than numbers, terms and APRs.

Because mortgage rates can vary daily and are subject to change, connecting with us is the easiest way to make sure that you have the latest information. More important, we can sit down together and discuss the many factors that affect your overall loan cost. For example, locking in that “lowest possible rate” could ultimately cost you more in interest points.

To find the best loan and not just the best rate, simply:

• Contact our experienced loan professionals online 
• Call 877-672-2265 to schedule a free consultation 
• Use our mortgage payment calculators to see how different rates and terms translate into monthly payments and interest costs

Talk to a North Shore Bank mortgage professional or get pre-approved online in minutes. You’ll learn how much home you can comfortably afford – and you might be pleasantly surprised!

Home Equity Line of Credit (HELOC)
The monthly payment due is interest only.                                                                                                   

RV, Boat, Camper or Auto Loan
Your billing statement amount due may be less than your contractual amount because of past additional payments you have made. Your loan allows you the ability to pay your account ahead without a penalty. 

For more details on how your payment is applied please contact Customer Support at 877-672-2265.

Mortgage Loan
Please contact Customer Support at 877-672-2265.  
 

Home Equity Line of Credit (HELOC)
The monthly payment due is interest only.                                                                                                   

RV, Boat, Camper or Auto Loan
Your billing statement amount due may be less than your contractual amount because of past additional payments you have made. Your loan allows you the ability to pay your account ahead without a penalty. 

For more details on how your payment is applied please contact Customer Support at 877-672-2265.

Mortgage Loan
Please contact Customer Support at 877-672-2265.  

North Shore Bank requires proof of insurance on loan collateral. 

To ensure we have all the information we need, please provide us with a copy of your insurance declaration page showing North Shore Bank as the mortgagee or loss payee.

Please verify the mortgagee clause is listed as follows:
North Shore Bank ISAOA
15700 W Bluemound Rd.
Brookfield, WI 53005                                                                                                                   

You can mail, fax or email your proof of insurance documents.

RV, Boat or Auto Loan
North Shore Bank
PO Box 390472
Minneapolis, MN 55439
Fax: 800-333-9960
Online: www.insuranceservicecenter.com

Mortgage Loan
North Shore Bank
P.O. Box 3287
Coppell, TX 75019
Fax: 781-236-6352

Home Equity Line of Credit (HELOC)
North Shore Bank
P.O. Box 3287
Coppell, TX 75019
Fax: 781-236-6352

Overdraft Protection
When you make a withdrawal that results in a negative balance in your checking account, Overdraft Protection services may help prevent an overdraft by automatically transferring funds to your checking account from another eligible deposit account or Home Equity Line of Credit you have at North Shore Bank for a fee or finance charge. Overdraft Protection services apply to all transactions.

Overdraft Protection is a great way to protect against the large fees merchants may charge for returned checks, and it's available for just a small fee. If you would like to sign up for Overdraft Protection, please visit your nearest North Shore Bank location. 

Overdraft Privilege
Overdraft Privilege allows you to overdraw your account up to a preset limit for a fee in order to pay a transaction. This limit is set by North Shore Bank. Even if you have Overdraft Protection, Overdraft Privilege is still available as secondary coverage if the Overdraft Protection source is exhausted. North Shore Bank has the discretion to pay overdrafts on accounts in good standing and any payment is a discretionary courtesy, and not a customer right nor an obligation of North Shore Bank. North Shore Bank can stop paying overdrafts at any time without prior notice of reason or cause.
 
Learn more about Overdraft Protection and Overdraft Privilege.

When you finally come upon the house of your dreams, fast loan approval and a quick close can often determine whether you’ll be the one proudly moving into that new home.

At North Shore Bank, our mortgage team is proud to deliver fast, local decision-making and industry leading turnaround times. But you can do a lot to accelerate the closing process, too.

Try these suggestions:

1. Get pre-approved online. Obtaining pre-approval often takes just a few minutes, but it can save a week or more once you’ve made your offer and begun the closing process.
2. Gather documentation early. Learn which documents you’ll need for closing and track them down now, so you won’t be waiting anxiously later.
3. Be complete. Our loan underwriters will need every last page of documentation (even the blanks) to establish your complete financial record. When in doubt, include it.
4. Get your gift early. If a family member is helping with your down payment, deposit it in your bank account more than two months before you apply.
5. Be honest. Omissions on the initial application are the #1 reason for delays, so be upfront about problem areas. We’re here to find and close a loan for you – not to judge you.
6. Avoid big changes to your finances. Don’t apply for new credit, get a car loan or make big purchases. Also, avoid a job change if possible. It can raise red flags that slow your loan.
7. Communicate quickly. Commit to checking your phone regularly, setting email alerts or doing whatever it takes to be responsive.
8. Set a timeline with your seller. If your offer is accepted and the seller must fix certain issues, get it in writing with a mandatory completion date.

 

Working closely with North Shore Bank can help you move in ASAP, so contact us today or call 877-672-2265 to get other tips for a speedy closing.

Mortgage and Home Equity Line of Credit (HELOC)
Please send a written payoff request and a signed authorization. These requests can be faxed to: 262-787-5722. Mortgage and HELOC payoffs are generally quoted for a specific date.                    
 
Personal and Auto Loans
You may call Customer Support at 877-672-2265, and verbally authorize a payoff statement be sent to your financial institution. If the financial institution or insurance company is making the request, they must send a written payoff request with a signed customer authorization. These requests may be faxed to 262-787-5722. Quotes for consumer and auto loan payoffs are good for 10 days.
 
RV and Boat Loans
Obtaining a payoff amount for your RV or Boat loan can be found in Online Banking. It’s fast and easy!
 

1. Log in to North Shore Bank Online Banking (web-based). If you’re not already enrolled, you’ll need your social security number, loan account number, date of birth and zip code.
2. Click on the three vertical dots alongside the blue “Pay” button 
3. Select “Account Information” from the option menu
4. Look for the “Estimated PayOff Amount” field. NOTE: the payoff amount listed is only valid for that day.
5. To pay off your loan on a future date, add the “Per Diem Interest” (Interest Per Day) amount to the Estimated PayOff Amount for each additional day (including the payoff date).
6. You may provide the Estimated PayOff Amount amount to your dealer, financial institution or insurance company requesting the payoff.

 
You may also call Customer Support at 877-672-2265, and verbally authorize a payoff statement be sent to your financial institution. If a dealer, financial institution or insurance company is making the request, they must send a written payoff request with a signed customer authorization. These requests may be faxed to 262-787-5722. Quotes for boat and RV loan payoffs are good for 10 days.