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.
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.
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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.
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.
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.
Reviews (9)
Liridon Shabani
Sep 17, 2021
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Rodney Moore
May 23, 2021
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Timothy M.
Dec 30, 2020
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Amie W.
Dec 15, 2020
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Carlos Tchinda
Dec 03, 2020
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Gios Builders Inc
Nov 29, 2020
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Yum Yimmy
Aug 13, 2020
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Brooke Jubb
Jan 01, 2019
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I have worked with Bryant of Mid-Atlantic Financial Group since 2016. He is really so great to work with. Bryant makes sure I have the best available options. He is also so easy to work with, as well as professional and courteous. When I leave a message he calls me back within an hour or two and he always replies to emails promptly. Bryant helped finance my first rehab and was so helpful in showing me the ropes of the lending side. I have highly recommended him to other investors and I will continue to do so.
Jacklyn Claxton
Oct 10, 2018
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I can't say enough about the ease of working with Bryant Mason of MAFGLLC. Bryant has helped me to finance a number of renovation projects and to refinance several rental properties. I submit my investor package and Bryant magically shepherds everything through the system and keeps on top of the process with me and his underwriters. If you are looking for someone to help grow your real estate business, then Bryant is an invaluable member of your team! Jackie C.
