DALLAS, TX - Dougherty Mortgage LLC, a full service national mortgage banking firm, has arranged a $1.8 million Fannie Mae loan for the acquisition of 12 Oaks Apartments, a 32-unit market rate multifamily housing property located in Round Rock, Texas. The 10-year term, 30-year amortization loan was arranged by Dougherty’s Dallas, Texas office, for the borrower 105 Gattis LLC.
The dog-friendly property offers a courtyard, laundry facilities, on-site maintenance and a pool. Apartment features include extra storage, fireplace, patio or balcony and wood laminate flooring.
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 $3 billion of loans. Based in Minneapolis, Dougherty Mortgage also has additional offices in California, Colorado, Tennessee, Texas and Virginia.
For more information, please visit www.doughertymarkets.com.