Dougherty Mortgage Closes Fannie Mae Loan for Two Georgia Apartment Communities

ATLANTA, GA - The Atlanta, Georgia office of Dougherty Mortgage recently closed a Fannie Mae loan for the acquisition financing of Chambers Cove Apartments and Linkwood Apartments.   

The market rate multifamily properties total 128 units and are located in Macon, Georgia.  The 10-year term, 30-year amortization loan utilized Green Rewards and was arranged for Mavi Macon 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, Mississippi, Tennessee and Texas.

For more information, please visit www.doughertymortgage.com

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