ROCHESTER, N.Y. (February 10, 2010)
Security Mortgage Group is proud to announce two mortgage closings in Georgia and Illinois in January and February of 2010. A total of 474 sites were served in this financing.
In Augusta, Georgia on January 21, Castle Pines MH Community secured $3,000,000 in refinancing for its 295 home sites. An extra line of credit was also obtained.
Bissell Village MH Community closed on $1,300,000 in refinancing on February 9, 2010. The Springfield, IL community has 147 MH sites and 32 RV sites.
Security Mortgage Group is the premier national lending source for Manufactured Home Communities, having received the "Manufactured Home Community Lending Broker of the Year" award in 2004, 2005, 2006, and 2009 from the Manufactured Housing Institute.