Dougherty Mortgage Closes Fannie Mae Loan for Towne Oaks Townhomes Located in Irving, Texas

IRVING, TX – Dougherty Mortgage LLC, a full service national mortgage banking firm, recently closed a Fannie Mae loan for the acquisition financing of Towne Oaks Townhomes, a 78-unit market rate multifamily housing property located in Irving, Texas.

The 12-year loan, arranged through a partnership with SPI Advisory Broker Group and Dougherty’s Minneapolis and Vienna, Virginia offices, features a 30-year amortization schedule.

Dougherty Mortgage LLC is a full-service, nationwide mortgage banking firm, an approved FHA MAP and LEAN lender, as well as a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, offering a variety of loan products for the acquisition, refinance, construction or rehabilitation of various property types.

In addition, Dougherty Mortgage LLC provides loan servicing on their mortgages and is an approved Ginnie Mae seller/servicer, currently servicing in excess of $5.3 billion of loans.

Dougherty Mortgage LLC has also been awarded designation as a lender/partner with USDA under the Community Facilities Guaranteed Loan Program. Based in Minneapolis, Dougherty Mortgage also has offices in Colorado, Georgia, Illinois, Tennessee, Texas and Virginia.

For more information, please visit

Source Article