Property Type: Mixed Use Apartment Building containing 17 Apartments and 4 Retail
Loan Type: Freddie Mac Small Balance Loan
Purchase Price: $2,500.000
Loan Amount: $1,875,000
Term: 7 Year Fixed with 1 Year Interest Only
Amortization: 30 Years
Interest Rate: 4.010%
Freddie Mac Fee: 0.10%
Lender Underwriting/Processing Fee: $995
Assumption: Loan is Assumable with a 1% Transfer Fee and Processing Fee of $2,500
Guarantor Terms: Non-Recourse