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SAVOY, ILL. — Arbor Commercial Funding, a wholly owned subsidiary of Arbor Commercial Mortgage, has funded a $3.77 million loan for Winfield Village Cooperative in Savoy. The multifamily property offers 348 affordable housing units. The 30-year loan has a 30-year amortization schedule and carries a note rate of 7.48 percent. Michael Jehle of Arbor’s Bloomfield Hills, Mich., office originated the loan, which was financed under the Fannie Mae DUS Multifamily Affordable Housing product line.