Dougherty Mortgage Closes $2 Million Fannie Mae Loan for Raleigh Station Townhomes

CLARKSVILLE, TN - Dougherty Mortgage LLC, a full service national mortgage banking firm, recently closed a $2 million Fannie Mae Hybrid ARM Loan for the acquisition financing of Raleigh Station Townhomes, a 42-unit market rate multifamily housing property located in Clarksville, Tennessee.  

The Fannie Mae loan utilized the Green Rewards Program and was arranged by the Atlanta, Georgia office of Dougherty Mortgage for borrower Raleigh Meadows, 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 $5.3 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, Tennessee, Texas and Virginia.

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