Monday, October 6, 2008

Arbor Closes $1,756,000 Fannie Mae DUS® Small Loan for Fairway Square at Alvin, TX

Uniondale, NY (10/06/2008) – Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $1,756,000 loan under the Fannie Mae DUS® Small Loans product line to refinance the 120-unit complex known as Fairway Square (top left photo) in Alvin, TX.

The 7-year loan amortizes on a 30-year schedule and carries a note rate of 6.22 percent.

Contact: Ingrid Principe, Tel: (516) 506-4298, iprincipe@arbor.com
Posted by Alex at 8:38 AM
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