Status
Active
Place
Pawtucket, RI, 02860
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
148
First endorsed
May 29, 2024
Original loan
$18,704,000
Interest rate
6.25%
Term
420 months
Maturity
Jun 1, 2059
Monthly payment
$109,807
Balance
$18,331,546
Held by
Newpoint Real Estate Capital L, Plano, TX
Serviced by
Newpoint Real Estate Capital L, Plano, TX

The balance is HUD's own amortization-schedule figure, assuming every payment is made on time. It can differ from a servicer's statement. Terminated loans carry no balance. HUD names the current holder and the current servicer of each loan, not the lender that made it. A loan that was sold shows under its buyer, so a company's balance here is what it holds or services today.

HUD project number 01611092. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.