Sentences with phrase «amortizing permanent loans»
Not exact matches
Jeffrey A. Davis, Cambridge Chairman, said the fully - amortized, non-recourse, 22 - month construction loan term plus 40 year permanent loan term was arranged for the owner, an Iowa - based operator, using HUD Section 232.
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This 10 - year permanent mortgage loan amortizes over 30 years and represents almost half of the portfolio's purchase price.