Multifamily: Selah, WA

Location
Selah, WA
Interest Rate
3.86%
LTV
80%
Loan Amount
$1,240,000
Loan Type
Purchase
Date
November 2020
AAI Financial facilitated the closing of a $1,240,000 loan for the purchase of a 16-unit apartment complex. We were able to secure 80% LTV Fannie Mae non-recourse financing at a 12-year low fixed rate. We overcame COVID restrictions and no prior multifamily experience to secure the financing.