Dominion Financial Services South St, Baltimore

We have been using Dominion for almost ALL of our lending needs since 2016. We have worked with them on short term funding as well as long term financing an several of our Rental Properties. It has truly been a pleasure working with them. The professionalism and competency that is displayed from the top echelon of the company down through their ranks has made the funding piece of EVERY transaction, the simplest part of every deal. I could only hope that other organizations in the REI industry were to follow their lead. I would HIGHLY reccomend any investor that is looking for funding to reach out to Dominion.

My husband & I just closed a transaction with Dominion as the lender. Taylor & his team did a great job! We will use them again.

I have used several hard money lenders and Dominion Financial is the cream of the crop! My experience with Rich Price:: very quick, knowledgeable and communication is exceptional. No need to search any further!

I've done several deals with Domion over the last year and they have done an amazingly wonderful job. They funded 1 flip/new construction and 3 rental properties. Their process was very fast and everything happened as promised. I will definitely continue to use them in the future.

Excellent service for all of our deals! We really appreciate the responsiveness, efficiency, and hard work to get our loans closed. Dominion is all around a great lender to work with and highly recommend to anyone!

I buy and sell houses for a living and see Dominion as my partner in that business. Closing day can be stressful, especially when working on tight deadlines with difficult sellers. I have found Dominion to be a responsive and professional lender. Funding is now one thing that I don't have to worry about!

I have used Dominion on quite a few occasions for my business needs. They are extremley prompt on getting deals funded, very knowledgable staff in all aspects of the deal, and just overall very easy to do business with. Would highly recommend!

I wish I could give these guys no star at all! Avoid them and don’t get close to them. After I received too many advertisement letters and calls, I tried these guys, they approved me, and on the day before closing, they asked for some Unrelated document and then they withdrew. I think being a lender is not their business, because if it was, their business would know how important is to close a deal on time for an investor. I don’t believe any of these good reviews, because they are incapable of closing without tons of stresses on investors if they close a deal. In conclusion, They approved me, then on the day of closing, they stopped answering my emails and calls.

Highly disappointed in this group. They had all information and quoted in helping with 75% of purchase price. Anthony Pace gave me straight forward numbers even when he had all the information he needed he said. 1 day before closing they come back and say they can't fund the deal unless it is 60%. I had way better offers but waived them off because Anthony told me it was no problem. The deal was in jeopardy but I switched companies (not even gonna name them so it doesn't seem like I work for them) and got it approved fine. Do not let them lure you in with their upfront rates because they will change once it gets to underwriting. Way too many hard money lenders out there to deal with someone who manipulates information and stresses you out. I will gladly give more information to anyone who wonders more details because I'm sure they will come under this post and give excuses. They dropped the ball and apologized but at that point, I have no trust in them and have moved my business elsewhere.

We submitted $1.6M+ in deals to Dominion and after a rocky start explaining our structure with the LO Anthony, we received approvals for all of them in two weeks (during the Holiday season). When Jack (Partner) gave the terms of the deals to close, they were a divestiture from their advertised 90% acquisition and 100% rehab terms. Also, they valued two three units (same bedroom counts and square footage) within in a mile of one another, with a $185k difference ($290k vs $375k). The former was an official appraisal and the latter was a desktop/BPO review. Jack ultimately said he did not want to do the deals because as the developer, I was unwilling to sign for the debt (after his staff already approved the borrowers credit, project development history and assets to close). This would be like a lender not approving a deal because the architect or general contractor (a third party professional just like the developer) would not sign and guaranty the loan. In short , we waisted a lot of time, resources and took hits on the credit profiles applying for the loans. Jack apologized for this, but Dominion will ultimately be remiss for being shortsighted on passing on us. I wish companies would truly honor what they are selling and be more forthright about what they can and cannot deliver-at the outset. Dominion definitely failed on these points! I certainly feel bad for Anthony as he worked extremely hard and was looking forward to starting the year off right, as were we, and now we have to start over. Missed commissions for him and opportunities for us ALL! **1/21/20-Update: In responses to Jack’s rebuttal, my financial condition was never shared nor pertinent to the transactions. The deals were approved with the guarantors information-period. It was an 11th hour ask of me to ALSO sign was the basis of my “lashing out”. I don’t like my time waisted and had you or your staff asked me or presented this as a requirement at the outset, we could have made a decision whether we wanted to submit applications, have credit pulled, etc. We were never given this option, just a no! I find it comical that you indicated that you reached out to previous lenders as they would share that EVERY project that we have done over the last 22 years was developed and/or the lender was paid as agreed. Legally, that would also be the only information that would be afforded to you. I would love to be on a call or correspondences with any lender that would tell you otherwise as they would be committing slander or libel and/or violating privacy laws. It appears you were complicit in this violation if you were asking or given more than basic loan facts. Furthermore, it might have been more prudent to contact our current lenders where we have over $1.2M on the books and ALL loans are in good standing and the lenders will be taken on the additional $1.6M you passed on. Unfortunately, the only remedy I have is to share my story and experience with your company. Irrespective of what you “came to learn”, your admission to me that the ball was dropped at the outset is my only point I’m trying to let the public know. It almost cost us a few deals because after your company approved the loans, we had to change directions and are barely making the contractural closing obligations. That is what I’m wanting to hold you accountable for. That’s it, that’s all. I know you made a bad call on not approving our structure- now. Time will reveal that to you.