You can rely on a commercial loan from a private lender in Maryland to finance a wide range of CRE assets, such as shopping centers, office buildings, apartments, retail establishments, restaurants, industrial buildings, and hotels.
Rates and terms will vary among different commercial lenders in Maryland. For instance, a down payment requirements range from 10% to 50% or higher, and repayment terms may be as short as five years or as long as 25 years.
Some commercial loan lenders in Maryland may provide fully amortized loans, while others may offer interest-only payments, with a balloon payment at the end of your term. Interest rates could be variable or fixed.