Apartment Loan rates FHA FNMA

Apartment loan rates FHA A7 223F fast service low fees great rates

 http://www.kendallrealtyadvisors.com/

Kendall arranges $2,100,000 first mortgage on Glenlake Apartments.

Kendall arranges $2,100,000 first mortgage on Glenlake Apartments.

The borrower was given 12 months to receive a discounted pay-off from the original condominium construction lender.

Kendall arranged a loan and it closed within two month from the signing of the bank agreement.

Small Apartment Loans Chicago - Fixed Rate Non-Recourse Low Cost Apartment Loans Nationally

Apartment Loan Rates

Kendall arranges $2,100,000 first mortgage on Glenlake Apartments. The property was original rehabbed at a cost of close to $5,000,000 but the condo lender Private Bank discounted the loan by $1,000,000 and released another $500,000 from the property loan.

The borrower was given 12 months to receive a discounted pay-off by the originalcondominium construction lender. Several banks declined the loan but Kendall was able find a lender for the borrower even if he had very high leverage.

Kendall arranged a loan and it closed within two month from the signing of the bank agreement.

Apartment Loans

The loan is fixed for 3 years at 5%.

Large Apartment Loans Chicago

Kendall Realty Advisors provides large loans using Fannie Mae, FHA 223(F) and Freddie Mac.

Low fixed rate non-recourse loans with terms up 35 years. All programs rates are well under 6% today.

More at http://www.kendallrealtyadvisors.com/ApartmentLoans.html