Our Services
Essential Loan Terms
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Loan-to-Value (LTV)
Interest Rate
Term
Fixed Rate
Variable Rate
Debt Service
The ratio of the total amount of a loan to the value of the collateral. It is a critical metric for lenders to assess risk and determine the maximum loan amount they are willing to provide.
The percentage of the principal amount of a loan that is charged as interest to the borrower. It is the primary cost of borrowing and can be fixed or variable depending on market conditions.
The length of time over which a loan is to be repaid. Common commercial terms range from 10 to 30 years, with longer terms typically offering lower monthly payments but higher total interest costs.
A mortgage interest rate that remains constant for the life of the loan. This provides stability for borrowers, allowing them to budget their monthly payments without the risk of rate fluctuations.
An interest rate that changes over time, typically tied to a benchmark index like the SOFR or LIBOR. These rates can offer lower initial costs but carry the risk of rising interest rates.
The total monthly payment required to service a loan, which includes both the principal and the interest. It is a key indicator of a property's cash flow and is essential for financial modeling.
Loan Inquiries & Support
The MGR Group specializes in delivering tailored commercial mortgage financing for developers, investors, GPs and all real estate professionals across the United States. We finance all asset classes and operate nationally.
LOCATION
Miami, Florida
DIRECT LINE
+1 (347) 407-0295
mordy@mgrgroupllc.net