ALL COMMERCIAL CAPITAL CLOSES $1.875MM ACQUISITION LOAN IN YORK, PA

Home>Success Stories>ALL COMMERCIAL CAPITAL CLOSES $1.875MM ACQUISITION LOAN IN YORK, PA

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

By | 2022-05-18T14:41:59+00:00 May 18th, 2022|Success Stories|