Mr. Carl has represented the assuming borrower in over 60 CMBS and insurance
company loan assumptions.
Not exact matches
If
loan assumption isn't an option through your lender the next step is trying to refinance with another mortgage
company.
I was under the
assumption that I was refinancing my student
loans with National Student
Loan company.
Many of Fisker's investors are now wondering why the DOE wasn't more vocal about the frozen
loan when it happened back then, as they had continued to fund the
company based on the
assumption that the DOE
loan was still moving forward.
The
companies, which purchase and guarantee home
loans, used to have a business model similar to the largest U.S. banks: They generated abundant profits for shareholders thanks in large part to low borrowing costs, which in turn depended on the
assumption that the government would bail them out if they got into trouble.
The purchase price included about $ 22 million in cash which the
company had on hand and the
assumption of a $ 50 million existing
loan that bears interest at 6.5 % and matures in January of 2005.
Sienna financed the transaction with CA$ 88.2 million in
assumption of debt against the properties, a CA$ 115 million acquisition
loan, proceeds from a recent CA$ 184 million bought deal offering and draws on the
company's credit facility.