We offer loan programs for investment Residential and Commercial Properties. As a correspondent with over 22 years of financing experience in our firm, we offer our customers programs with competitive rates and terms. If you're relocating or your long-term financing isn't yet available, a bridge loan is right for you. A bridge loan is a short-term loan usually 6-12 months.
Interest rate on bridge loans are usually higher than permanent loans. A loan that is submitted through a local bank, insurance company or finance institution. Using equity that is created, these loans operate on a multi-stage level to create funding for any construction that may be necessary to complete a project. Mid-Atlantic Financial Group, LLC is a commercial mortgage brokerage firm in Baltimore, Maryland that specializes in financing for non-owner residential and commercial real estate.
With over 10 years of commercial real estate experience, we are able to help structure and fund those tough non-bankable situations.
Interest rate on bridge loans are usually higher than permanent loans. A loan that is submitted through a local bank, insurance company or finance institution. Using equity that is created, these loans operate on a multi-stage level to create funding for any construction that may be necessary to complete a project. Mid-Atlantic Financial Group, LLC is a commercial mortgage brokerage firm in Baltimore, Maryland that specializes in financing for non-owner residential and commercial real estate.
With over 10 years of commercial real estate experience, we are able to help structure and fund those tough non-bankable situations.
Services
Here's what the lender looks at or looks for in making a loan.
These are broad-stroke underwriting guidelines that will help you assess your client's financing needs and help you steer them in the right direction.'
The worse the property performance is, the lower the LTV that will be offered.
Typical LTV is 75% on conventional loans.
Apartments can go 80% LTV.
SBA loans can go as high as 90% LTV.
There is no such thing as 100% LTV.
Some lenders allow a second mortgage on commercial property, often a seller-held note, but the borrower must have at least 10% "skin in the game."
These are broad-stroke underwriting guidelines that will help you assess your client's financing needs and help you steer them in the right direction.'
The worse the property performance is, the lower the LTV that will be offered.
Typical LTV is 75% on conventional loans.
Apartments can go 80% LTV.
SBA loans can go as high as 90% LTV.
There is no such thing as 100% LTV.
Some lenders allow a second mortgage on commercial property, often a seller-held note, but the borrower must have at least 10% "skin in the game."
With private commercial lenders, funding can be secured relatively quickly compared to waiting on approval from the bank.
Because of that, the process is less time-consuming and not as complex.
Private lenders also have the ability to be more flexible with their loan money.
There are few important differences between bank loans and private loans.
Most banks are regulated by the government which can make financing complex loans difficult.
Projects must be clean and straightforward for banks to lend the money.
Because of that, the process is less time-consuming and not as complex.
Private lenders also have the ability to be more flexible with their loan money.
There are few important differences between bank loans and private loans.
Most banks are regulated by the government which can make financing complex loans difficult.
Projects must be clean and straightforward for banks to lend the money.
Real estate is one of the most secure investments you can make.
But, there has been this question of what's the right time/age to invest in a real estate property.
Many investors come out of their professional life with a huge chunk of money and begin investing in real estate.
Many have built a real estate portfolio, starting by increasing their knowledge of the industry.
Investing in real estate and growing your commercial portfolio requires knowledge, guts, intuition, and skill.
It is important to read about real estate and attend seminars about investing before making a decision.
But, there has been this question of what's the right time/age to invest in a real estate property.
Many investors come out of their professional life with a huge chunk of money and begin investing in real estate.
Many have built a real estate portfolio, starting by increasing their knowledge of the industry.
Investing in real estate and growing your commercial portfolio requires knowledge, guts, intuition, and skill.
It is important to read about real estate and attend seminars about investing before making a decision.
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