Status
Active
Place
Portland, ME, 04101
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
21
First endorsed
Jun 24, 2019
Original loan
$2,496,000
Interest rate
3.89%
Term
420 months
Maturity
Jul 1, 2054
Monthly payment
$10,888
Balance
$2,215,464
Held by
Midland States Bank, Effingham, IL
Serviced by
Midland States Bank, Effingham, IL

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 02211005. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.