Town of Worthington Awards Financial Services Contract to United Wholesale Mortgage (May 2021)
Town of WorthingtonCity · MN- Disclosed value
- $24,701.00 (original forgivable loan, balance $15,536.97)
- From minutes
- Approved
- May 10, 2021
- Term
- Forgivable over 5 years at 20% per year
The 30-second brief
The City of Worthington approved a subordination agreement for its Workforce Housing forgivable loan at 2217 Eleanor Street, placing United Wholesale Mortgage in first lien position on the refinanced mortgage. The City’s $24,701.00 loan, with a remaining balance of $15,536.97, continues in second position and retains its forgiveness terms.
United Wholesale Mortgage holds this financial services contract with Town of Worthington. Its other public contracts on record include work for Merced County and Levy County.
Term as filed: Forgivable over 5 years at 20% per year.
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Contract details
- Contract type
- Financial Services
- Amount
- $24,701.00 (original forgivable loan, balance $15,536.97)
- Document date
- May 10, 2021
- Term
- Forgivable over 5 years at 20% per year
- Agency
- Town of Worthington
- Source document
- town-of-worthington-council-minutes-major-development-permits-infrastructure-may-10-2021_ad9.pdf (Minutes)
United Wholesale Mortgage's other public contracts
More Town of Worthington contracts
Questions about this contract
Who was awarded the financial services contract by Town of Worthington?
United Wholesale Mortgage was awarded this financial services contract by Town of Worthington, as recorded on May 10, 2021. The contract value is $24,701.00 (original forgivable loan, balance $15,536.97).
How much is the United Wholesale Mortgage contract with Town of Worthington worth?
The United Wholesale Mortgage contract with Town of Worthington is valued at $24,701.00 (original forgivable loan, balance $15,536.97), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in town-of-worthington-council-minutes-major-development-permits-infrastructure-may-10-2021_ad9.pdf (Minutes), dated May 10, 2021 from Town of Worthington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does United Wholesale Mortgage hold?
United Wholesale Mortgage may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Worthington currently buying?
Explore Town of Worthington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.