Arbor Closes $1.15M Fannie Mae DUS® 3MaxExpress® Loan on Hilliard Arms in Hilliard, OH

UNIONDALE, NY--Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $1,150,000 loan under the Fannie Mae DUS® 3MaxExpress® product line to refinance the 32-unit complex known as Hilliard Arms (photo above) in Hilliard, OH.

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.71 percent. * DUS and 3MaxExpress are registered marks of Fannie Mae

The loan was originated by Alexander Kaushansky, (photo top right) Director, in Arbor’s full-service New York, NY lending office. “We ensured that all of the client’s needs were met,” said Kaushansky. “I’m proud we were able to provide the borrower with the lowest rate of any deal he has financed previously.”

CONTACT:
Arbor Commercial Mortgage, LLC
Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

http://www.arbor.com/

Ingrid Principe

Tel: (516) 506-4298