News: Financial Digest
Posted: August 7, 2008
NorthEast Community Bank closes $2.572m in loans for 6 properties
NorthEast Community Bank has recently closed $2,572,220 in loans consisting of several transactions:
Mortgage Network arranged the following transaction:
*$295,000 in refinance money for a mortgage secured by a three-story multi-family building
Bedford Lending arranged the following transaction:
*$920,000 in refinance money for a mortgage secured by a rehabbed three-story wood-framed 14 unit multi-family building in Deerfield, N.H.
Eaton Partners arranged the following transaction:
*$340,000 in purchase money for a mortgage secured by a 9 unit three-story multi-family building located in Manchester, N.H.
NorthEast Community Bank completed the following transactions:
*$287,200 in refinance money for a mortgage secured by a three-story multi-family building located in Raymond, N.H.
*$250,000 line of credit on a three-story brick mixed-use building consisting of 18 apartments and three commercial units.
*$480,000 in refinance money for a mortgage secured by a 3,600 s/f stand-alone commercial building.
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