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What type of lender are we?
Short-term mortgage lenders.
Are we a direct lender?
Yes. We do not broker our loans to outside sources.
Where do we lend?
We lend on investment properties in New York, New Jersey, Connecticut and Pennsylvania.
Who do we lend to?
We lend to experienced real estate professionals, investors, builders and contractors. We do not lend on owner occupied properties.
What type of properties do we finance?
1-4 Family Houses (non-owner occupied)
Apartment Buildings
Condo/ Co-op Units (investment only)
Commercial Properties
Mixed-Use Properties
New Construction
Vacant Land
What is our loan term?
One year short-term mortgages with options to extend.
What is required to begin the loan process?
Northern Funding, LLC Loan Application
Summary of Project
Executed Contract of Sale
Renovation/ Construction Schedule (Costs Included)
Income & Expense Report for Income Producing Properties
How do we fund renovation and construction costs?
Renovation funds are disbursed in phases after work is completed and property is inspected.
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