MINNEAPOLIS, MN - Dougherty Mortgage LLC recently closed an $827,000 loan for the refinancing of The Vineyards at El Dorado Phase II, a 48-unit multifamily affordable housing property located in El Dorado, Arkansas.
The 14.5-year term, 11.5-year yield maintenance refinance loan was arranged for The Vineyards at El Dorado Phase II, LP by Dougherty’s Minneapolis, Minnesota office.
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 $2.4 billion of loans. Based in Minneapolis, Dougherty Mortgage also has additional offices in Colorado, Texas, Maryland and Montana.
For more information, please visit www.doughertymarkets.com