Dougherty Mortgage Closes $11.6 Million Fannie Mae Loan for The Life at Snapfinger Woods

ATLANTA, GA - The Atlanta, Georgia office of Dougherty Mortgage recently closed an $11.6 million Fannie Mae loan for the refinancing of The Life at Snapfinger Woods, a 149-unit market rate multifamily apartment property located in Decatur, Georgia.  The pet-friendly property offers on-site maintenance and management. 

The units have spacious open floor plans with sunken living rooms, fully equipped kitchens, private patios or balconies, fireplaces and large closets. 

The 7-year term, 30-year amortization loan utilized Green Rewards and was arranged for borrower 2 Shell Bark Road Decatur LLC.

Dougherty Mortgage LLC is a full-service, nationwide 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 $6.7 billion of loans.  Dougherty Mortgage LLC has also been awarded designation as a lender/partner with USDA under the Community Facilities Guaranteed Loan Program. 

Based in Minneapolis, Dougherty Mortgage also has offices in Colorado, Georgia, Illinois, Mississippi, Tennessee and Texas.

For more information, please visit www.doughertymortgage.com