‌  1829 Reisterstown Rd Ste 350
    Pikesville, MD 21208 US.

YOU HAVE OPTIONS…

Don’t give up on your plans for expansion or real estate opportunities.
We can help you find the funding you need.
Plus we will guide you every step of the way.

The Mid Atlantic Financial Group, LLC.

WE CAN HELP!

We have a large network of hard money lenders as well as private sources to help you fund your project.

Request a Free Consultation

WHY PEOPLE CHOOSE US

Mid Atlantic Financial Group, LLC is a commercial mortgage brokerage firm that specializes in financing for non-owner residential and commercial real estate. With over 19 years of real estate experience, we are able to help structure and fund those tough non-bankable situations. We have a large network of hard money lenders as well as private sources to help you fund your project. We offer free consultations and no upfront fee.

At Mid Atlantic Financial Group we realize that every customer has a different combination of assets, limitations and dreams. Our job is to understand your unique needs so we can formulate the best solution for you. Whatever your financial situation, we will help you make the right decisions to achieve your goals.

BRIDGING THE GAP BETWEEN TRADITIONAL BANKS AND HARD MONEY!

WE offer loan programs for investment Residential and Commercial Properties.

As a correspondent with over 20 years of Financing experience in our firm, we offer our customers programs with competitive rates and terms.

Key Loan Features

Rates as low as 6.74%

Funding from 100k-5mm

LTV’s up to 80%

Investor 1-4, Multifamily, mixed use office, retail, warehouse, auto service and more.

Investor 1-4 Loans

These investment properties include single family homes, condos, townhomes and 2-4unit buildings. As long as the property is non-owner occupied and is used for investment purposes, we can find a home for your property.

Maximum loan is 750k on Single Family and 5mm on 2-4 unit buildings with up to 75 ltv

WE HAVE A STREAMLINE PROCESS

Submit your scenario, we will provide a conditional approval in 24hrs

We will submit your loan, clear underwriting conditions, deal funds.

KEY FACTORS

Property Types

  • Single Family
  • Multi-Family 5 units and mixed use
  • Condo 2-4 Units
  • Townhomes
  • Office
  • Retail
  • Warehouse
  • Self-storage
  • Non-Profit Organizations
  • Day Care, Hair Salons, Funeral Homes
  • Automotive services
  • Hotel/Motel

Key Lending Parameters

In this section, we discuss 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.

 LTV/LTC LTV = Loan to Value.

 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.” LTC = Loan to Cost. Used for construction loans. The loan amount will be a percent of the total construction cost – usually 70% to 75%.

DSCR DSCR = Debt Service Coverage Ratio. In real estate accounting, the loan payments are not included as an expense. The difference between adjusted gross revenue and expenses is called the Net Operating Income (NOI.)

Liquidity

Another factor that influences a lender’s willingness to make a commercial loan is the borrower’s liquidity. While they also look at a borrower’s credit history and personal financial profile (as well as the business’s, if applicable), they are primarily concerned with how the monthly payment is going to be made and whether the borrower has deep (liquid) pockets in case the cash flow from the property falls off.

Types of Commercial Loans

Purchase Existing property

New owner is acquiring.

 Refi / Cash-out Refi Existing property. Existing owner is seeking to refinance, with or without drawing excess cash from the property.

Construction

 No property exists. Owner/developer is going to build the property. Exit? Keep for long-term cash flow; build and sell; build and sell off individual units (houses, condos, office condos.)

 Bridge

Can be purchase or refinance. Property is under-performing/not at market stabilization. Means higher interest rate, but shorter term and some or no pre-payment penalty. Great interim strategy.

 Hard Money

Property is severely under-performing or has some other problem, such as just came out of bankruptcy or foreclosure. Very interim strategy. Highest rates and points, no pre-payment penalty, usually lowest LTV.

WE WORK FOR YOU, THE BORROWER

We help you establish your needs and preferences and match those with the appropriate lender and the appropriate financing vehicle. Over the years we have created strong relationships with a wide variety of commercial lenders, and private investors.  We have a great deal of experience in guiding transaction from start to finish and achieving successful results.

Our hands-on approach will help you relax and feel confident that we will find the best funding for your project and in the most timely manner. We know how important your real estate project is for you. We also know that at times, it can be confusing and overwhelming. We make it our number one priority to simplify the process for you and keep you informed every step of the way.

QUALIFY FOR ONE OF OUR FINANCIAL SOLUTIONS TODAY!

TESTIMONIALS

1829 Reisterstown Rd Ste 350
Pikesville, MD 21208
info@mafgllc.com
1-888-350-9996

Office Hours

Monday - Friday: 9:00 - 6:00

Saturday: 9:00 - 12:00

Sunday: Closed

Newsletter

© 2016 Prostyler Theme