Who We Are
NorthPoint Capital Group is an experienced major Midwest commercial mortgage banking operation specializing in originating loans for, and making loans to, commercial real estate owners throughout the country. NorthPoint Capital also services those loans for its correspondent lenders and own account. As an FHA licensed MAP lender, NorthPoint Capital makes apartment loans, and as a Ginnie Mae Issuer, NorthPoint Capital funds those apartment loans at exceptionally competitive rates. Since its formation in 1998, NorthPoint Capital has built a servicing portfolio of over $500 million.
NorthPoint's primary concentration is arranging permanent financing for existing:
Medical office buildings
Manufactured housing communities
NorthPoint Capital has loan production companies in Chicago, Detroit, Cleveland, and West Michigan. Our mortgage servicing company, NorthPoint Capital, L.L.C., is located in Chicago. It is staffed with experienced servicing and closing personnel to assure quality service to our borrowers and lenders. NorthPoint Capital also has underwriting offices in Las Vegas and Grand Rapids.
The Company is active in all the major markets in Illinois, Indiana, Michigan, Ohio, Missouri, and Wisconsin. Selectively, we finance property throughout the United States.
Our correspondent life insurance companies are generally our primary lending source. However, we also finance a substantial volume of business with banks, credit unions, conduits, pension funds and other capital sources. For apartment properties we arrange life company, Fannie Mae, and Freddie Mac loans, as well as loans with NorthPoint Capital, L.L.C. which is a HUD Lender.
The market knowledge we possess and the expertise we provide to our lenders makes us very effective at placing loans for our clients. NorthPoint's loan processing procedures are designed to produce quality loan submissions quickly and efficiently. Much effort is put into presenting thorough, yet concise, loan presentations so those lenders can respond quickly with competitive financing proposals rather than ask for additional information.