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Mortgage Lenders

Northern Midland Limited

Northern Midland Limited is a financial services company based in Birmingham, England. They specialize in mortgage lending and provide a range of financial services to their clients.

Introduction to Northern Midland Limited

Northern Midland Limited is a UK-based company that has been providing financial services since its establishment. The company aims to help people with their finances, particularly in the mortgage lending industry. What sets this company apart is its commitment to providing excellent customer service and personalized solutions to meet each client's specific needs.

Services & Products

Northern Midland Limited offers a range of financial services, including mortgage lending, insurance, and financial planning. The company specializes in helping clients secure mortgages by providing expert advice and guidance throughout the process. In addition, they offer various insurance products to protect their clients' assets and provide financial planning services to help them achieve their long-term financial goals.

Location

Northern Midland Limited is located in Birmingham, England, a bustling city with a diverse economy. The area is home to many businesses, including retail stores, restaurants, and professional services. Clients who visit the company's office can expect a comfortable and welcoming environment. The office is located close to public transportation, with the nearest train station being Yardley Wood, just 0.6 miles away. Other nearby options include Hall Green and Shirley, both within 1.5 miles of the office.

Benefits

Clients who choose Northern Midland Limited can expect personalized service and expert guidance throughout the lending process. The company's team of experienced professionals works closely with clients to understand their unique needs and provide tailored solutions. In addition, Northern Midland Limited offers competitive rates and flexible terms, making it an attractive option for those seeking mortgage lending services.

Good to Know

Clients should be aware that Northern Midland Limited is a regulated mortgage broker and can offer advice on a range of financial products. The company's team of professionals is committed to providing transparent and honest advice to help clients make informed decisions.

Reviews

Clients have consistently praised Northern Midland Limited for their exceptional service and expert guidance throughout the mortgage lending process. Many clients have noted that the company made the process easy and stress-free, thanks to the team's expertise and attention to detail. Overall, Northern Midland Limited has received high marks for their customer service and commitment to helping clients achieve their financial goals.

Amenities

  • amenity
    mortgage
  • amenity
    interest rate

FAQ

What types of mortgages do you offer and what are their rates?

We offer a variety of mortgages including fixed-rate, adjustable-rate, and interest-only mortgages. Our rates depend on a number of factors including the type of mortgage, the loan amount, and the borrower's credit score.

What are the terms and conditions of the mortgage?

Our mortgage terms and conditions vary depending on the type of mortgage and the borrower's specific situation. Generally, our mortgages have a term of 15 or 30 years, and include details such as the interest rate, payment schedule, and any prepayment penalties.

What are the eligibility criteria and application process for the mortgage?

To be eligible for a mortgage with Northern Midland Limited, borrowers must have a good credit score, a stable income, and a down payment of at least 3% of the purchase price. The application process involves submitting a mortgage application, providing documentation of income and assets, and undergoing a credit check.

What is the timeline for processing the mortgage application?

Our mortgage application process typically takes between 30 and 60 days, depending on factors such as the complexity of the application and the responsiveness of the borrower. We work to make the process as efficient as possible while ensuring that all necessary documentation and checks are completed.

What are the fees associated with the mortgage and how are they calculated?

Our mortgage fees vary depending on the type of mortgage and the borrower's specific situation. Fees can include application fees, origination fees, appraisal fees, and closing costs. These fees are typically calculated as a percentage of the loan amount, and can range from 2% to 5% of the purchase price. We provide a full breakdown of all fees and costs associated with each mortgage.