Hunt Mortgage Group Provides $1.8M Refinancing for Age-Restricted Community in Boise
BOISE — Hunt Mortgage Group has provided a $1.8 million Freddie Mac Small Balance Loan to refinance Leisure Villa Apartments, an age-restricted community in Boise.
The 57-unit property was built in 1973 and expanded in 2000. The four buildings are located on three acres, and the property also includes a clubhouse.
The 10-year, fixed-rate loan features a 30-year amortization schedule and a yield maintenance prepayment schedule.