Capital One Secures Refi on Texas MHC

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Bethesda, MD-based Capital One provided a $15.8-million Fannie Mae structured adjustable rate loan to refinance Rio Vista Mobile Estates, an all-age, 200-space manufactured housing community (MHC) in Anaheim, CA. The 10-year loan is being amortized on a 25-year schedule. The borrower, Anaheim Associates, L.P., will use the proceeds to retire higher-rate Fannie Mae debt, cash.

Introduction. Capital One is a relatively young financial services company, founded in 1988 in Richmond, Va. Though it may be best known for its credit card business, it also offers mortgage, auto and personal loans, along with general banking services such savings and checking accounts.

Dallas-Capital One has announced that it has secured a $5.5 million Freddie Mac loan to refinance Woodhaven, an all-age manufactured housing community (MHC) in Denton, Texas, within the Dallas-Fort.

Best Bank For Refinance See how to refinance and get the very best rate on a new one.. bank reviews. capital One Bank. lower than rates on 30-year fixed-rate loans, according to Bankrate’s weekly survey.. Wells Fargo specializes in financing Manufactured Home Communities ("MHC"), offering various flexible lending programs to meet your needs.

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Wells Fargo led a syndicate of banks in providing the loan, including Capital One, U.S. Bank. four in Georgia, one in South Carolina, two in Tennessee, one in Texas and three others in North.

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