Northrim Bank

Review, Rates and contact information

About

Northrim Bank, headquartered in Alaska, stands as a testament to the vision of its founders who recognized the need for a different kind of bank in the Alaskan landscape. Founded on the principles of strength, independence, and a deep commitment to community and customer service, Northrim Bank emerged from the challenges of recession.

Incepted on December 4, 1990, with an initial capital of $8 million, the founders’ dedication to their purpose laid the foundation for a resilient institution. From its humble beginnings as a small community bank with 21 employees, one branch, and $8 million in assets, Northrim has evolved into a prominent community leader. Today, boasting well over 400 employees, branches stretching from Fairbanks to Southeast Alaska, residential mortgage origination offices across the state, and assets exceeding $2 billion, Northrim Bank continues to embody the spirit of community-focused banking in Alaska.

6 contacts were found in LoanBase's database

Offered Loan Program Types

Property Types

Loan Amount

$150K - $8M

Time to close

30-60 days

Primary Areas Served

AK

Max LTV

85% (SBA), 65%(CRE)

Origination Fee

1%

Specialty

Owner-Occupied, Warehouse

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

11/9/2023
$1,182,000
Misc
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Loan date

11/9/2023

Loan Amount

$1,182,000

Property Subtype

Misc

Address

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To view all recent closed deals with full address

11/7/2023
$1,517,632
Services
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Loan date

11/7/2023

Loan Amount

$1,517,632

Property Subtype

Services

Address

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10/30/2023
$60,000
Apartments
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Loan date

10/30/2023

Loan Amount

$60,000

Property Subtype

Apartments

Address

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10/24/2023
$48,000
Residential Condo
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Loan date

10/24/2023

Loan Amount

$48,000

Property Subtype

Residential Condo

Address

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10/20/2023
$45,000
Residential - Duplex/Triplex/Quadplex
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Loan date

10/20/2023

Loan Amount

$45,000

Property Subtype

Residential - Duplex/Triplex/Quadplex

Address

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10/19/2023
$190,176
Retail
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Loan date

10/19/2023

Loan Amount

$190,176

Property Subtype

Retail

Address

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10/6/2023
$457,500
Industrial
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Loan date

10/6/2023

Loan Amount

$457,500

Property Subtype

Industrial

Address

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9/29/2023
$4,478,986
Industrial
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Loan date

9/29/2023

Loan Amount

$4,478,986

Property Subtype

Industrial

Address

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9/29/2023
$225,000
Mobile Homes
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Loan date

9/29/2023

Loan Amount

$225,000

Property Subtype

Mobile Homes

Address

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