Dougherty Mortgage Closes $1.8 Million Fannie Mae Loan for Carrington Townhomes

ORANGEBURG, SC - Dougherty Mortgage recently closed a $1.8 million Fannie Mae loan for the refinancing of Carrington Townhomes, a 76-unit market rate multifamily housing property located in Orangeburg, South Carolina.  

The loan carries a 10-year term and 30-year amortization and was arranged for borrower 318 Royal St, 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 $6.2 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.

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