Multifamily: Moses Lake, WA

Location
Moses Lake, WA
Interest Rate
3.68%
LTV
70%
Loan Amount
$2,220,000
Loan Type
FNMA Non-Recourse Cash-Out Refinance
Date
February 2021
AAI Financial facilitated the closing of a $2,220,000 cash-out refinance loan on a recently stabilized multifamily project. We were able to secure Fannie Mae non-recourse financing at a 12-year low fixed rate.