PLEASANT VIEW, UT - Dougherty Mortgage LLC, a full service national mortgage banking firm, recently closed an $11.8 million Fannie Mae loan for the refinance of The Cove at Pleasant View, an 88-unit market rate multifamily townhome property located in Pleasant View, Utah.
Floor plans include 2- and 3-bedroom options with granite countertops, full size washer and dryer, 9 foot ceilings and 2 car garages. Residents have access to an on-site outdoor swimming pool, tot-lot, fitness center and clubhouse.
The Fannie Mae 12-year term, 30-year amortization loan was arranged for borrower Westates Investments, LLC through a partnership with Wasatch Capital Group and Dougherty’s Dallas, Texas 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 $3.5 billion of loans. Based in Minneapolis, Dougherty Mortgage also has offices in California, Colorado, Illinois, Tennessee, Texas and Virginia.
For more information, please visit www.doughertymortgage.com