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Freddie Mac Ramps Up Small Loans

2015-02-03 17:29:00| National Real Estate Investor

This January, Steven and Silvia West took out a $4 million, non-recourse loan through Freddie Macs new Small Balance Loan initiative, which provides small loans to apartment properties. Through this program, they received very competitive terms that werent available through other competing lenders, says Stephen York, vice president for Arbor Commercial Mortgage. read more

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