MINNEAPOLIS, MN - Dougherty Mortgage LLC, a full service national mortgage banking firm, recently closed a $6.2 million Fannie Mae loan for the refinance of Elements of Linden Hills, a 31-unit market rate multifamily apartment property located in Minneapolis.
Located in the heart of the Linden Hills neighborhood, property features include tempered underground parking, fitness center, bike storage, and a pet wash room. Apartment amenities include a washer and dryer, granite countertops, stainless steel appliances, built-in shelves and gas cooktops.
The Fannie Mae 12-year term, 4-year interest only, 30-year amortization loan was arranged through Dougherty’s Minneapolis office for borrower, Linden Hills Apartments, LLC.
About Dougherty Mortgage: 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 $4 billion of loans. Based in Minneapolis, Dougherty Mortgage also has offices in Colorado, Illinois, Tennessee, Texas and Virginia.
For more information, please visit www.doughertymortgage.com