Kendall provides Long term fixed Rate Affordable Senior Housing Refinance in California

The property provides 46 units of affordable housing for seniors in a small rural town in California. The seniors rents are supplemented by Housing Assistance Payments from HUD.

The borrower fixed the rate for 16 years and paid off a balloon loan due on the property.

Apartment Loan Rates long term non-recourse FHA and FNMA rates up volume up closings up