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This loan funded $27.5 million at closing, includes a future funding allowance of $0.5 million to cover interest shortfalls and has an 18 month term with two, one year extension. its master.
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The mortgage loans are not subject to the Truth in Lending Act (TILA) and therefore, are not subject to the ability-to-repay (ATR) rules. None of the mortgage loans in FSMT 2018-3INV are subject to.
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