Selectcommercial.com Funds $1,300,000 Commercial Mortgage Loan Located in Rowlett, TX
Selectcommercial.com announced on Friday, March 7th, 2014 the refinancing of a $1,300,000, 48 unit apartment building located in Rowlett, Texas (a suburb of Dallas). The borrower received a 5 year fixed rate loan and a 30 year term and amortization. This allowed the borrower to pay off a high rate loan and lock in a low fixed rate.
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