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Mixed Use Refinance  

Interest Locked at Time of Application

Location: Lansing, MI
Loan Amount: $3,850,000
Term: 10 Years 
Amortization: 25 Years
Execution: Life Company

District Capital was able to procure a 10-year fixed-rate loan with a life insurance correspondent. The interest rate was locked at application and held for 90+ days as the US treasury increased over 50 bps from app to close.