TESTIMONIALS

Thank you Great Northern Mortgage for the superior handling of my home mortgage package. My attorney Ike Dibia was also impressed with your work in creating the best loan possible. I look forward to any opportunity to recommend your team.

Lissa Luke
Attorney At Law

More Testimonials


 


HOME / Private Lender - Programs  


Annual (January 2008 – January 2009) Return Comparison

1 yr CD: (3.09%)
Nasdaq: (– 41.03%)     - more info -
S&P 500: (– 38.91%)   - more info -
DJIA: (– 34.34%)         - more info -

Great Northern: (12% – 22%)

Current Programs available to approved Private Lenders:
(All programs are subject to change without notice)
Please note: Great Northern is not a bank and is not offering securities. The notes that we offer are not FDIC insured, but all notes are secured by real estate, which carry hazard and liability insurance.

#1: MAXIMUM RETURNS PROGRAM - SENIOR LIENS

Now offering up to 16% APY* (Annualized Percentage Yield)!! This program has been designed for investors who seek maximized returns on their money, but do not require that their interest be paid in installments, similar to a "Certificate of Deposit". The minimum investment to qualify for this program is $100,000. If you would like to compare our rates to today's CD rates, please click here.

THE FOLLOWING TERMS ARE CURRENTLY AVAILABLE:

Senior liens (1st Mortgages) = 1 Points + 12% fixed interest

Minimum term commitment = 6 MONTHS
Minimum investment= $ 100,000

Interest continues to accrue and is paid upon sale of property, refinance of your position or upon maturity of your note, whichever occurs first.

All liens are secured by real estate at no more than 75% of the property's repaired market value.

16% APY estimate assumes a 90-day average payoff time (not guaranteed). 365 days per year/90 day payoff = 4 cycles x 1 point per transaction + 12% interest = 16% APY.

Example:

Investment by Private Lender - $100,000
Term – 1 year
Number of Transactions per year – 4 (the property bought and flipped to another investor without rehabbing)
Points paid per each transaction - 1
Interest – 12% annually
$100,000 x 12% = $12,000 + ($1000 x 4) = $16,000, i.e. 16% annually.

#2: MAXIMUM RETURNS PROGRAM - JUNIOR LIENS

Now offering up to 22% APY* (Annualized Percentage Yield)!! This program has been designed for investors who seek maximized returns on their money, but do not require that their interest be paid in installments, similar to a "Certificate of Deposit". The minimum investment to qualify for this program is $30,000. If you would like to compare our rates to today's CD rates, please click here.

THE FOLLOWING TERMS ARE CURRENTLY AVAILABLE:

Junior liens (2nd or 3rd mortgages) = 2 points + 14% fixed interes:

Minimum term commitment = 6 months
Minimum investment= $ 10,000

Interest continues to accrue and is paid upon sale of property, refinance of your position or upon maturity of your note, whichever occurs first.

All liens are secured by real estate at no more than 75% of the property's repaired market value.

22% APY estimate assumes a 90-day average payoff time (not guaranteed). 365 days per year/90 day payoff = 4 cycles x 2 points = 8 points per year + 14% interest = 22% APY.

Example:

Investment by Private Lender - $100,000
Term – 1 year
Number of Transactions per year – 4 (the property bought and flipped to another investor without rehabbing)
Points paid per each transaction - 2
Interest – 14% annually
$100,000 x 14% = $14,000 + ($2000 x 4) = $22,000, i.e. 22% annually.

If you would like your money to start earning these great returns NOW, just fill out our "Investor Questionnaire" and we'll contact you as soon as possible or feel free to contact us at (888) 956-2699. We are looking forward to working with you soon!


Invest With Us



 
1430 Broadway, Suite 1207, New York, NY 10018