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Home > Financial Services > Mortgage Brokers > Northern Funding Corp.
Northern Funding Corp.
A mortgage broker is an individual or firm that acts as an independent agent for both the borrower and the lender of a mortgage loan. Mortgage brokers are the middleman between you and the lending institution, which can be a bank, trust company, credit union, Mortgage Corporation, finance company or even an individual private investor. A mortgage broker will analyze your financial situation to determine which lender is the best fit for your loan needs. He or she will submit your mortgage application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. He or she receives a commission from the borrower if the loan closes.
Northern Funding Corp assists you through six basic steps in procuring a loan for buying a house or renovation of your home. The six steps are; Getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan.
They are direct lenders who provide hard money loans to experienced real estate professionals and investors. As a short-term mortgage lender, they specialize in fast and creative funding solutions for property builders, contractors, and developers. Their teams of professionals have over 30 years of combined experience in the real estate financing industry. Their application process is simple and fast.
As a private lender with sole discretion over their capital resources, they have the flexibility and speed to close most loans within two weeks. There are no up-front application fees and they do not require appraisals for loans below $1,000,000.
Northern Funding provides professional financing solutions, in a timely manner, to fund 1 to 4 Family Homes, Mixed-Use Properties, Commercial Properties, Apartment Buildings, Condo & Co-op Units, Vacant Land Acquisitions, New Construction and Renovations. There are many types of loan such as Direct Lender, Hard Money Loans, and Loans for Real Estate Professional, Short-Term Mortgages and Bridge Loans.
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