Tim Burke, CEO
Headquartered in Concord, Massachusetts, National Family Mortgage ® is America’s premier online solution for helping families properly structure and manage real estate loans with their relatives.

According to a 2019 study by Legal & General ®, in 2018, the “Bank of Mom & Dad” was the 7th largest mortgage lender in the US. Additionally, a 2016 study by Fidelity Investments ® reports that 25% of adult children age 25+ believe they will have to help their parents financially. Whether helping your adult children, your parents, or another immediate family member, National Family Mortgage ® helps minimize the legal and federal tax consequences that can occur when family real estate loans and financial gifts are handled informally or improperly.

National Family Mortgage ® is a continuation of Founder and CEO Timothy Burke’s commitment to leveraging the internet to empower consumers to efficiently build, protect, and transfer family wealth. Prior to founding National Family Mortgage ®, Burke was a key member at peer-to-peer lending pioneer Circle Lending, which developed the family lending business model in 2001. In 2007, Circle Lending was acquired by British billionaire, Sir Richard Branson, and re-launched as Virgin Money USA. By 2010, on the heels of the financial crisis, Virgin Money exited the US market, and Burke carried on with National Family Mortgage ®.

Since then, National Family Mortgage ® has facilitated over $1 Billion in mortgage loans between family members, helping thousands of families in every state across the US.

Mr. Burke holds an MS in Philanthropy from Suffolk University and a BA in English from Boston College. A recognized expert on intra-family loans, Burke has been interviewed and quoted in top financial publications, including, The Wall Street Journal, The New York Times, Kiplinger, AARP, and syndicated columns nationwide. Mr. Burke is also a featured expert in the 2016 edition of Nolo’s Essential Guide to Buying Your First Home.

At a Glance:

  • Loans funded to date: Over $1 Billion
  • Total interest kept in family: Over $500 Million
  • Smallest loan to date: $11,100
  • Largest loan to date: $2,500,000