FOCM Loans & Mortgages Closes $5.9MM Bridge Loan for Multifamily Property in Texas - News | ABL Advisor

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FOCM Loans & Mortgages Closes $5.9MM Bridge Loan for Multifamily Property in Texas

July 15, 2020, 08:00 AM

Filed Under: Real Estate

FOCM Loans & Mortgages announced it provided a $5.9 million bridge loan for a 108-unit multifamily property in Houston, Texas. The transaction was originated by Michael Arpy, Director and mortgage originator at the firm.

Michigan-based FOCM Loans & Mortgages provides more affordable loans at competitive interest rate than banks, payday, or title loan companies, to thousands of customers.

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