News

Oct 06, 2020
Northland arranges financing of $13,000,000 for 30 Townhomes

NMIC arranges financing for a blanket 1st commercial mortgage over 30 townhomes for $13,000,000, 75% LTV and with a 2 year rate of 2.41%!

Aug 31, 2020
Northland arranges financing of $5,900,000 for 12 townhouse units in Langford, BC at 2.91% and 75% LTV.

NMIC arranges financing on 12 newly constructed townhouses under an inventory loan basis and equity takeout.

May 20, 2020
Northland Funds Older Retail Mall in Red Deer, Alberta

NMIC has funded an older multi tenant commercial retail Mall in Red Deer for $6,500,000 at 3.6%. The deal was underwritten and funded in 40 days.

Dec 16, 2019
Northland Funds 100% financing for land and construction development $3,000,000

10 unit townhome development in Campbell River, BC

Oct 16, 2019
Northland Funds Construction loan for golf course lot development

Construction financing for lot development in Cranbrook, BC $2,700,000

Jul 15, 2019
Northland Funds 2nd Commercial mortgage in Calgary Fast!

NMIC approves and funds Commercial building in Calgary all in the same week for $500k! Client needed to close Fast and NMIC saves the day!

Jul 12, 2019
NMIC funds 1st Commercial Mortgage in Calgary Fast!

Northland Funds 5 storey Commercial building in Calgary for $2.7 million. Pays out bank that started foreclosure. Approved and Funded within 3 weeks of contact!

Apr 01, 2019
Northland announces new 2nd mortgage funding for multi unit condos and apartments

Rates as low as 5%. Qualifying properties must have CMHC 1st mortgages.

Mar 01, 2019
New Money

Bring us your commercial mortgage deals. We have new in-house funding and looking for deals to fund! Call us….

Jan 18, 2019
New Confidental Account Receivable Factoring Product!

•New Accounts receivable factoring Product works like an Operating Line of Credit • Based on total average AR balances. Up to 75% of accounts receivable balances under 90 days • Funds available same day (up to facility limit) • Factoring would be confidential between funder and client •Clients would not be notified of any factoring arrangement
Download Detail Sheet:

Oct 02, 2018
Northland Mortgage Funds large apartment hotel

1st of its kind! $6,565,000 1st mortgage - 41 unit AirBNB apartment hotel funded in Langford, BC
Solo Suites

May 08, 2018
Northland Funds Large Condo Project in Duncan

Condo inventory loan funded at $6 million mortgage in Duncan.
https://www.rew.ca/buildings/9803/dakova-square-duncan-bc