Datasets › Real estate › FHA apartment and care-home loans
Somersworth RAD
Somersworth, New Hampshire. An FHA-insured loan: 542 risk sharing with a housing finance agency or qualified entity.
- Status
- Active
- Place
- Somersworth, NH, 03878
- Type
- Apartments
- Program
- 542 risk sharing with a housing finance agency or qualified entity
- Apartments
- 169
- First endorsed
- Jul 10, 2024
- Original loan
- $10,000,000
- Interest rate
- 3.30%
- Term
- 480 months
- Maturity
- Aug 1, 2063
- Monthly payment
- $37,549
- Balance
- $9,598,062
- Held by
- New Hampshire Housing Fin Auth, Manchester, NH
- Serviced by
- New Hampshire Housing Fin Auth, Manchester, NH
- 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 02498124. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.