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ATL ��NANCIAL MORTGAGE SERVICES <br /> NewpoR Plece Bullding <br /> 4122• 128th Ave. SE, Sulte 403 OFFIGE: (206)841•4449 <br /> Bel!evue,WA 98006 FPX: (206)641•6U09 <br /> January 27, 1993 <br /> Mr. John Haehim <br /> Haehim, Weaver, Haehim Part•ne_ehip <br /> Fairway Eetates Apartmente <br /> 2333 Carillon Point <br /> 1Cirklnnd, wA 99033 <br /> Dear Johnc <br /> Thie letter is in reeponee to your requeet for nn update on <br /> your loan applicntion. <br /> 11s you know, HUD ieeued a Site Jlppraieal nnd Market Antilyeis <br /> l�tter, which ie the baeie for the 2ann. Aleo, you/we have <br /> eubmitted the Conditionel (2nd pht �e) Application which <br /> ehould be completed and npproved in f0 days. <br /> Flithin 30 deys (March 1) , the Application for the Firm <br /> Coeuditznsnt should be eubmitted �o HUD. Allowing 90 daye for <br /> ieeunnce of the commitment (June 1) , we ehould be ready to <br /> cloee late June or early July. <br /> The preliminnry architeature has been reviewed end ie I <br /> acceptable. W�th the Firm Application, HUD will match L'he <br /> �ost Breakdown with the drawinge and epec+fi�;ationa and <br /> determine the ndequncy of each. <br /> Because of the financiel etrenqth of you nnd your partnere <br /> and the preliminazy reviev� of the architecture, the procese <br /> ehould be completed ae etated above. <br /> WN will eieo qet HUD approvnl for an early etart (meaninq you <br /> may start th9 construction proceee :rtanediately after the <br /> ieaue of the commitment - June 1) . <br /> John, if you have any other queetione pleaee call me. <br /> Sincerely <br /> /��`�'(� �� <br /> Dale H. Zei le <br />