Maryland Commercial Banks

[Martinis Jackson]

Does anyone have any recommendations for banks in Maryland/DC that will provide rehab loans to an LLC? I've heard (from BP Podcasts and etc) about some banks who offer 15-20 year fixed mortgages if you open an account with them and provide 20% down on the loan. Any leads would be great.

[Kerry Boyle]

Loans typically start at least at 50k - some private (small) lenders may be able to lend at less without the costs eating up all the profit.

I have noticed that other lenders in the DC area start their loans out above 200k... essentially saying they only want to do DC metro and not go too far out.