Status
Active
Place
Exeter, RI, 02822
Type
Apartments
Program
542 risk sharing with a housing finance agency or qualified entity
Apartments
40
First endorsed
Aug 1, 2023
Original loan
$2,000,000
Interest rate
4.25%
Term
480 months
Maturity
Aug 1, 2063
Monthly payment
$8,672
Balance
$1,935,486
Held by
Rhode Island Hsg Mtge Fin Corp, Providence, RI
Serviced by
Rhode Island Hsg Mtge Fin Corp, Providence, RI
Financing
Tax-exempt bonds
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 01698165. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.