Who is North Star Finance?
North Star Finance is a licensed and bonded commercial installment lender located in Columbia Maryland, who has a direct relationship with a private equity group / private investors and a top 25 International Bank in the world.
We provide project funding for residential and commercial acquisition, development, and construction financing for the building industry. North Star will also consider renewable energy, oil & gas projects over $500 million on a selected basis. Over seas projects will also be considered on a case by case basis.
North Star Finance will consider providing 100% project funding to the cost to build including the purchase of the land. Closing costs are allowed to be rolled into the loan. North Star does not charge points nor do we roll points into the loan. Loan amounts will be considered from $7 million to $250 million without taking an equity split or a JV position. Loan amounts over $250 million may require an equity position. All processing, under writing , and funding is done “ In House”. Time required to fund can range from 60 to 120 days depending on the nature of the project.
BROKERS are welcomed provided that they are either licensed or complete our due diligence package and are approved by North Star Finance. North Star will pay up to one point on all broker deals provided that the broker assists North Star with the processing and collecting supporting doc's. Contact Tom Ellis at 301-879-1774 to set up interview and receive Broker Package.