Environmental Screenings

MidLantic offer a full range of environmental services through it strategic alliance with Ctgroup Environmental of Eldersburg, MD and its two highly qualified environmental scientists. We can and do offer Phase I services and contract and over sight services for Phase II functions. However, MidLantic is best known for its Environmental Transaction Screen (ETS) questionnaire and property inspection reports that fulfill and surpass the threshold for reasonable due diligence in assessing environmental risk when taking real property collateral. Too often borrowers object to the time and cost of a Phase I or Level I assessment for properties they know or have reason to believe are clean, and policies are never clear on exactly what dictates the need for a Phase I report. Some banks use size of loan as the threshold, which is arbitrary at best.

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