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Mortgages provided and permanent financing of $39,638,400 million for the building of Huffines Communities’ Hebron 121 . The is the largest that HUD has insured through the Section 221(d)(4) program for the regional area.

, of Mortgages USA, describes how he was able to take on a loan that other lenders had rejected. The transaction illustrates the benefits of consulting seasoned lenders.

The 444-unit community is adjacent to Huffines Communities’ previously built and fully occupied first phase of the development, which contains 250 units.

Source:  http://www.cpexecutive.com/regions/financing-the-largest-fha-221d4-in-texas/

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