Interest Locked at Time of Application
Location: Lansing, MI
Loan Amount: $3,850,000
Term: 10 Years
Amortization: 25 Years
Execution: Life Company
District Capital was able to procure a 10-year fixed-rate loan with a life insurance correspondent. The interest rate was locked at application and held for 90+ days as the US treasury increased over 50 bps from app to close.
How you finance your investment is just as important as what you are investing in. If you’re looking for a creative commercial real estate financing strategy for your commercial investment, call us today at (313) 241-9200.
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For more information on our financing services, contact one of our commercial mortgage experts today.
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