TEMPLE, TX - Dougherty Mortgage LLC, a full service national mortgage banking firm, has arranged a $5.2 million Fannie Mae loan for the refinance of The Bluffs, a 200-unit market rate multifamily housing property located in Temple, Texas.
The 10-year term, 30-year amortization, one year interest only loan was arranged by Dougherty’s Fort Worth, Texas office for borrower, Temple Bluffs Apartments, Ltd. The Bluffs apartments is conveniently located to shopping, entertainment and restaurants and offers residents nine different floor plans, a swimming pool and a 24-hour fitness center.
Dougherty Mortgage LLC is a full service mortgage banking firm, an approved FHA MAP and LEAN lender, as well as a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, offering a variety of loan products for the acquisition, refinance, construction or rehabilitation of various property types.
In addition, Dougherty Mortgage LLC provides loan servicing on their mortgages and is an approved Ginnie Mae seller/servicer, currently servicing in excess of $3 billion of loans. Based in Minneapolis, Dougherty Mortgage also has additional offices in California, Colorado, Maryland and Texas.
For more information, please visit www.doughertymarkets.com