Datasets › Real estate › FHA apartment and care-home loans
Fifty Washington Square
Newport, Rhode Island. An FHA-insured loan: 542 risk sharing with a housing finance agency or qualified entity.
- Status
- Active
- Place
- Newport, RI, 02840
- Type
- Apartments
- Program
- 542 risk sharing with a housing finance agency or qualified entity
- Apartments
- 93
- First endorsed
- Mar 5, 2025
- Original loan
- $4,200,000
- Interest rate
- 6.125%
- Term
- 480 months
- Maturity
- Mar 1, 2065
- Monthly payment
- $23,476
- Balance
- $4,159,437
- 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 01698177. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.