The Syosset Plaza, 601B Jericho Tpke, Syosset NY 11791 Tel- 516.921.9000 Fax- 516.750.1200
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The Funds you need... When you need them...
North Shore Funding offers both short term bridge loans as well as long term permanent loan products.
We understand short term bridge and hard money loans and we are outstanding at structuring successful transactions that meet both the needs of the borrowers as well as our underwriting requirements. We pride ourselves on our exceptionally low default rate, and work with our clients to ensure a transition to long term financing when applicable.
We recently added a residential rehab program for properties local to the Greater NY area. This program is perfect for the buy and flip rehabber and is underwritten on a case by case basis. We also offer ground up construction. The guidelines are tight on our construction but is available for qualified properties and borrowers.
In today's tepid real estate market, underwriting has tightened on all fronts. Do not let this be a discouragement. Complete the quick app below or complete one of our more complete loan applications and one of our analysts will call you to discuss your finance needs.
Give us a call or apply online.
Commercial Bridge Loan | Apply Now
The cornerstone of North Shore's business model is centered around short-term to medium- term commercial bridge loan financing. With rates starting at under 7%, North Shore Funding is able to deliver bridge loans at bank rates. Read More
Commercial Hard Money Loan | Apply Now
Our Commercial Hard Money Loans are ideal for non bankable transactions that need to close quickly and do not fit into our bridge loan lending criteria. North Shore's hard money loans are strictly collateral based loans. Our commercial hard money lending guidelines offer creative options such as cross collateralization of assets, second mortgage positions, equity participation and the use of non-tangible assets as additional collateral. North Shore Funding's Commercial Hard Money Loans and commercial bridge loans and are structured in a way to facilitate permanent financing or collateral disposition. New York Hard Money, NY Commercial Hard Money, Commercial Hard Money, NY Bridge Loan closings can take place in 24 business hours. Read More
Permanent Financing | Apply Now
We offer permanent financing options as a takeout of our other loan types and also as a compliment to our lending product portfolio. Our strategic relationships with insurance companies, banks, pension funds, mortgage REITs, Fannie Mae DUS and conduit lenders allow us to offer a plethora of programs designed to deliver the most accurate and competitive financing options for your situation.Read More
Construction Loans | Apply Now
North Shore offers construction loans for multi-family developments, condos, condo conversions, office, hotel, apartment, and industrial properties. These loans are typically non recourse and can be customized to meet the borrowers' specialized needs. Read More
Distressed Properties & Repositioning | Apply Now
Many properties every year are forced into foreclosure and bankruptcy protection. Many times these situations are caused by extenuating circumstances beyond the control of the property or property owner. We offer short term hard money loans for those in this situation to give time to stabilize the property and transition back into permanent financing. Read More
North Shore Funding Partners, LLC
The Syosset Plaza
Syosset New York 11791
(516) 921-9000 - Tel
(516) 921-9001 - Fax