Commercial Real Estate Financing in Maryland

Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Maryland. Current commercial loan rates in Maryland range from 4.9% to 12.85%, depending on the loan program. CLD is a national commercial mortgage banker offering aggressively priced programs and superb service. CLD originates loans for its parent company CLD Financial which provides a wide variety of lending vehicles. Our company is currently targeting owner occupied and investment properties over $1 Million in the state of MD.

Maryland Commercial Loan Rates

Loan Types Rates LTV Loan Amount Occupancy
Conventional 4.9% - 8.85% 80% $1,000,000+ Investment + Owner Occupied
Conduit / CMBS 5.8% - 7.76% 75% $2,000,000+ Investment
Insurance 5.2% - 8.58% 75% $5,000,000+ Investment + Owner Occupied
FHA / HUD 4.84% - 6.19% 83.3% $5,000,000+ Investment
USDA 5.35% - 9.7% 85% $1,000,000+ Investment + Owner Occupied
Bridge 5.85% - 12.85% 80% $1,500,000+ Investment
Construction 5.6% - 8.85% 83.3% $1,000,000+ Investment
SBA 5.35% - 8.85% 85% - 90% $1,000,000+ Owner Occupied

Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.

Types of Commercial Loans in Maryland

Investment Property Mortgages

The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings. Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality, (hotel, motel, resort), and mixed use.

Owner Occupied Commercial Mortgages

Owner-Occupied commercial real estate properties in which the owner occupies at least 50% of the premises and can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of commercial property. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA, and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.

Commercial loan landscape in Maryland (high-level snapshot)

Maryland’s commercial lending market is active, capital-rich, and highly segmented. Lenders are present across banks, credit unions, and institutional sources, but underwriting varies widely by asset type, submarket, and regulatory exposure. Proximity to Washington, DC and a large government-driven economy strongly influence lender behavior.

What lenders are most comfortable financing

Owner-occupied properties remain among the most lender-friendly transactions, especially when supported by established professional, medical, and service businesses.

Stabilized multifamily underwrites well when operating history is clean and expenses are controlled, particularly workforce and mid-market housing.

Medical, life sciences, and government-adjacent properties tend to receive favorable consideration due to durable demand and institutional tenancy.

Industrial and flex assets near major highways and ports (Baltimore region) remain lender-favored.

Where underwriting gets tougher

Office is underwritten conservatively, particularly older buildings and properties with limited leasing momentum.

Value-add and redevelopment deals face tighter leverage, higher equity requirements, and closer scrutiny of construction costs and entitlement risk.

Hospitality can receive conservative terms due to seasonality and exposure to business and government travel cycles.

Market-by-market dynamics (how lenders tend to think)

Montgomery and Prince George’s Counties: Strong lender interest driven by proximity to DC, with focus on multifamily, medical, and government-related uses.

Baltimore Metro: Broad lending activity for industrial, stabilized multifamily, and essential-use properties, with selective office underwriting.

Suburban and secondary markets: Financing is available, though lenders emphasize sponsor experience and tenant quality.

Who is lending in Maryland (and what that means for terms)

Regional and national banks are very active, especially for relationship-driven borrowers and stabilized assets.

Credit unions can be competitive for owner-occupied and smaller-balance loans.

Life companies and institutional lenders focus on large, stabilized assets with long-term income visibility.

Debt funds and non-bank lenders participate in transitional or complex deals, typically at higher cost.

Key underwriting themes unique to Maryland

Regulatory and zoning considerations are closely reviewed and can affect leverage and loan structure.

Expense pressure, including taxes, labor, and insurance, is stressed in lender models.

Sponsor liquidity and experience carry significant weight in credit decisions.

What “good” looks like to a Maryland lender right now

A strong Maryland loan request typically includes conservative leverage, defensible historical NOI, stable tenancy, and experienced sponsorship.

Deals relying on aggressive rent growth, rapid repositioning, or uncertain office recovery narratives tend to struggle.

Bottom line

Maryland is a capital-available but underwriting-driven lending environment. Owner-occupied, stabilized multifamily, medical, and industrial assets provide the clearest paths to financing, while office and redevelopment projects face tighter terms.

Locations Served in Maryland

We are proud to be serving the state of Maryland. Here are our commercial loan statistics for this state.

Maryland Cities and Towns Served

74

Lending Cities

Commercial loan direct provides services in the following Maryland cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Maryland economic reports to get a better understanding of your market.

  • Aberdeen
  • Aberdeen Proving Ground
  • Accokeek
  • Adamstown
  • Adelphi
  • Algonquin
  • Allegany County
  • Andrews AFB
  • Annapolis
  • Anne Arundel County
  • Arbutus
  • Arden on the Severn
  • Arlington
  • Arnold
  • Ashton-Sandy Spring
  • Aspen Hill
  • Baden
  • Ballenger Creek
  • Baltimore
  • Baltimore County
  • Baltimore Highlands
  • Bartonsville
  • Bel Air
  • Bel Air North
  • Bel Air South
  • Beltsville
  • Bennsville
  • Berlin
  • Berwyn Heights
  • Bethesda
  • Bladensburg
  • Boonsboro
  • Bowie
  • Bowleys Quarters
  • Bowling Green
  • Braddock Heights
  • Brandywine
  • Brentwood
  • Brock Hall
  • Brooklyn Park
  • Brookmont
  • Brunswick
  • Bryans Road
  • Buckeystown
  • Burtonsville
  • Butcher's Hill
  • Cabin John
  • California
  • Calvert County
  • Calverton
  • Cambridge
  • Camp Springs
  • Cape Saint Claire
  • Capitol Heights
  • Carney
  • Caroline County
  • Carroll County
  • Catonsville
  • Cavetown
  • Cecil County
  • Centreville
  • Charles County
  • Charles Village
  • Charlestown
  • Charlotte Hall
  • Chesapeake Beach
  • Chesapeake Ranch Estates
  • Chester
  • Chestertown
  • Cheverly
  • Chevy Chase
  • Chevy Chase Village
  • Chillum
  • City of Baltimore
  • Clarksburg
  • Clinton
  • Clover Hill
  • Cloverly
  • Cobb Island
  • Cockeysville
  • Colesville
  • College Park
  • Colmar Manor
  • Columbia
  • Coral Hills
  • Cottage City
  • Cresaptown
  • Crisfield
  • Crofton
  • Croom
  • Crownsville
  • Cumberland
  • Damascus
  • Darnestown
  • Davidsonville
  • Deale
  • Denton
  • Derwood
  • District Heights
  • Dorchester County
  • Drum Point
  • Dundalk
  • Dunkirk
  • Dunkirk Town Center
  • East Riverdale
  • Easton
  • Edgemere
  • Edgewater
  • Edgewood
  • Edmonston
  • Eldersburg
  • Elkridge
  • Elkton
  • Ellicott City
  • Emmitsburg
  • Essex
  • Fairland
  • Fairmount Heights
  • Fairwood
  • Fallston
  • Federalsburg
  • Ferndale
  • Forest Glen
  • Forest Heights
  • Forestville
  • Fort George G Mead Junction
  • Fort Meade
  • Fort Washington
  • Fountainhead-Orchard Hills
  • Four Corners
  • Frederick
  • Frederick County
  • Friendly
  • Friendship Village
  • Frostburg
  • Fruitland
  • Fulton
  • Gaithersburg
  • Gambrills
  • Garrett County
  • Garrett Park
  • Garrison
  • Germantown
  • Glassmanor
  • Glen Burnie
  • Glenarden
  • Glenmont
  • Glenn Dale
  • Goddard
  • Golden Beach
  • Grasonville
  • Greater Upper Marlboro
  • Green Haven
  • Green Valley
  • Greenbelt
  • Greensboro
  • Hagerstown
  • Halfway
  • Hampstead
  • Hampton
  • Hancock
  • Hanover
  • Harford County
  • Havre de Grace
  • Hebron
  • Herald Harbor
  • Highfield-Cascade
  • Highland
  • Hillandale
  • Hillcrest Heights
  • Hillsmere Shores
  • Howard County
  • Hughesville
  • Hunt Valley
  • Huntingtown
  • Huntingtown Town Center
  • Hurlock
  • Hyattsville
  • Ilchester
  • Indian Head
  • Irvington
  • Jarrettsville
  • Jefferson
  • Jessup
  • Joppatowne
  • Keedysville
  • Kemp Mill
  • Kensington
  • Kent County
  • Kettering
  • Kingstown
  • Kingsville
  • La Plata
  • La Vale
  • Lake Arbor
  • Lake Shore
  • Landover
  • Landover Hills
  • Langley Park
  • Lanham
  • Lanham-Seabrook
  • Lansdowne
  • Largo
  • Laurel
  • Layhill
  • Leisure World
  • Leonardtown
  • Lexington Park
  • Linganore
  • Linthicum
  • Lochearn
  • Lonaconing
  • Londontowne
  • Long Beach
  • Lusby
  • Lutherville
  • Lutherville-Timonium
  • Manchester
  • Marlboro Meadows
  • Marlboro Village
  • Marlow Heights
  • Marlton
  • Maryland City
  • Maugansville
  • Mayo
  • Mays Chapel
  • Mechanicsville
  • Mellwood
  • Middle River
  • Middletown
  • Milford Mill
  • Mitchellville
  • Montgomery County
  • Montgomery Village
  • Morningside
  • Mount Airy
  • Mount Rainier
  • Mountain Lake Park
  • Myersville
  • National Harbor
  • Naval Academy
  • New Carrollton
  • New Windsor
  • North Beach
  • North Bel Air
  • North Bethesda
  • North East
  • North Kensington
  • North Laurel
  • North Potomac
  • Oakland
  • Ocean City
  • Ocean Pines
  • Odenton
  • Olney
  • Overlea
  • Owings
  • Owings Mills
  • Oxon Hill
  • Oxon Hill-Glassmanor
  • Paramount-Long Meadow
  • Parkville
  • Parole
  • Pasadena
  • Peppermill Village
  • Perry Hall
  • Perryman
  • Perryville
  • Pikesville
  • Pittsville
  • Pleasant Hills
  • Pocomoke City
  • Point of Rocks
  • Poolesville
  • Potomac
  • Potomac Heights
  • Potomac Park
  • Prince Frederick
  • Prince George's County
  • Princess Anne
  • Pumphrey
  • Queen Anne
  • Queen Anne's County
  • Queenland
  • Randallstown
  • Redland
  • Reisterstown
  • Ridgely
  • Rising Sun
  • Riva
  • Riverdale Park
  • Riverside
  • Riviera Beach
  • Robinwood
  • Rock Hall
  • Rockville
  • Rosaryville
  • Rosedale
  • Rossmoor
  • Rossville
  • Saint Charles
  • Saint James
  • Saint Mary's County
  • Saint Michaels
  • Salisbury
  • Savage
  • Scaggsville
  • Seabrook
  • Seat Pleasant
  • Selby-on-the-Bay
  • Severn
  • Severna Park
  • Shady Side
  • Silver Hill
  • Silver Spring
  • Smithsburg
  • Snow Hill
  • Solomons
  • Somerset
  • Somerset County
  • South Bel Air
  • South Gate
  • South Kensington
  • South Laurel
  • Spencerville
  • Spring Ridge
  • Springdale
  • Stevensville
  • Suitland
  • Suitland-Silver Hill
  • Summerfield
  • Sykesville
  • Takoma Park
  • Talbot County
  • Taneytown
  • Temple Hills
  • Thurmont
  • Timonium
  • Towson
  • Trappe
  • Travilah
  • University Park
  • Upper Marlboro
  • Urbana
  • Waldorf
  • Walker Mill
  • Walkersville
  • Washington County
  • West Elkridge
  • West Laurel
  • West Ocean City
  • Westernport
  • Westminster
  • Westphalia
  • Wheaton
  • White Marsh
  • White Oak
  • Wicomico County
  • Williamsport
  • Wilson-Conococheague
  • Woodlawn
  • Woodmore
  • Woodsboro
  • Worcester County

Commercial Loan FAQs in Maryland

Commercial interest rates in Maryland vary based on loan type, property type, loan-to-value, debt service coverage ratio, borrower strength, and market conditions. They range from approximately 4.9% to 12.85%.

Borrowers in Maryland can access Conventional, CMBS/Conduit, Insurance, FHA/HUD, USDA, Bridge, Construction, and SBA financing based on property type, leverage, and occupancy.

Commercial loan rates in Maryland depend on loan type, property cash flow, debt service coverage ratio, loan-to-value, borrower strength, and market conditions.

Yes. Owner-occupied financing is available in Maryland, including Conventional, Insurance, SBA, USDA, and selected agency programs when eligibility requirements are met.

Yes. Refinance options in Maryland include rate-and-term and cash-out structures, subject to underwriting, property performance, and lender program guidelines.

Get A Free Quote

Get a free commercial loan quote. This process does not affect your credit score.

Please put your first name here.
Please put your last name here.
Please put your email here.
Please put your phone number here.
Please select a property type.

Was this page helpful?

What Clients Say About Us

Our Reviews

Unfiltered Reviews
Fernando and Leanne are Amazing

Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever

- Nirav Patel

She Took Care of All My Needs

If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.

- Vincent Arias

Commercial Loan Direct Streamlined the Whole Process

We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them

- Rita Pisarski