New England Real Estate Journal

NorthEast Community Bank closes $2.572m in loans for 6 properties

August 7, 2008 - Finance
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.