Status
Active
Place
East Greenwich, RI, 02818
Type
Apartments
Program
542 risk sharing with a housing finance agency or qualified entity
Apartments
48
First endorsed
Jul 24, 2024
Original loan
$1,125,000
Interest rate
6.49%
Term
360 months
Maturity
Sep 1, 2054
Monthly payment
$7,103
Balance
$1,097,801
Held by
Rhode Island Hsg Mtge Fin Corp, Providence, RI
Serviced by
Rhode Island Hsg Mtge Fin Corp, Providence, RI
Tax credits
Includes low-income housing tax credits

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 01698161. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.