New 15-Year Fixed Rate Program Starting at 4.85% with Step-Down Penalty

The Rincon Group is featuring a new lender program with a 4.850% 15-year fixed rate and step-down prepayment penalty for 3 years.

The loan of the week is a $937,500 loan that is fixed for 5 years at 3.800%. The 8-unit multifamily was located in Berkeley, California. For more information, read more.

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