Kendall Realty Advisors LLC is pleased to announce the closing of a FNMA Small Apartment Loan in the Chicago, IL area. The loan application fee was only $4,500 for a loan just above $750,000 which included the cost of the appraisal, engineering report, and legal costs of the loan. The loan cost the borrower only a 1% financing fee paid at closing. The property is a vintage Evanston Apartment in great shape and fully occupied in the South East Evanston neighborhood near the South Street Metro and CTA train stops.
The loan was processed in about 60 days and closed within 75 days of loan application. The borrower was able to take advantage of falling rates and locked a ten year NON RECOURSE loan with a rate under 5.60%.
Scott Kendall CEO of Kendall Realty Advisors LLC negociated the loan for individual borrower.
For more information on FNMA Small Apartment Loans click this link.
Scott Kendall
(847) 903-7578
kendallrealty@gmail.com
Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small
Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...
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Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small
Apartment Loans: Apartment Loan Rates FHA 223 F FNMA DUS slightly l...: 847
903- 7578 Sc...
10 years ago
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