Brownwood Rental Portfolio
15 year term, 30 year amortization
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934bd/667e299c6cc480823ec93804_map-pin.png)
Brownwood
,
TX
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934e4/667e299c6cc480823ec93f3d_Brownwood%20TX%20portfolio.png)
Amount: $
488000
StackSource successfully sourced an 80% LTV portfolio acquisition loan for an individual investor consisting of 1-4 unit residential properties all located in Brownwood, TX, roughly 150 miles NW from Austin. Capital Advisor Chris Peters arranged financing from a local TX credit union and secured a 15-year term, 30-year amortization loan with a 3.875% interest rate fixed for the first 5 years that will reprice to Prime + 0.625% for each of the two subsequent 5-year terms with no prepayment penalty.
Deal Team
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