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Contents Apartment building refinancing 30 year fixed single source solution Interest rate. business property announced today it provided a Freddie Mac loan in the amount of $28.3 million to refinance a multifamily property located in Houston, Texas. The loan is a seven-year, variable rate loan with three.
FHA multifamily has non-recourse, and assumable financing for both purchasing and refinancing of apartment buildings that are already existing for a minimum of 3 years since completion. The maximum loan is 85% LTV for a purchase, 85% for a rate and term refinance, and 80% for a cash out refinance.
NORWALK, Conn., Dec. 13, 2017 (GLOBE NEWSWIRE) — Washington Trust’s Commercial Real Estate Group recently provided $16.5 million to TR Washington, LLC, for the refinancing of a luxury multifamily.
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