Property Type: Mixed-Use Apartment Building containing 20 Apartments and 3 Commercial Spaces
Loan Type: Freddie Mac Small Balance Loan
Purchase Price: $1,800,000
Loan Amount: $1,350,000
Term: 7 Year Fixed with 1 Year Interest Only
Amortization: 30 Years
Interest Rate: 4.150%
Lender Fees: $995
Assumption: Loan is Assumable with a 1% Transfer Fee and Processing Fee of $2,500
Guarantor Terms: Non-Recourse
Referring Partner: Harbor Stone Advisors – https://harborstoneadvisors.com/
CONTACT US NOW TO BEAT TODAY’S RATES!
