Status
Active
Place
Colchester, VT, 05446
Type
Apartments
Program
542 risk sharing with a housing finance agency or qualified entity
Apartments
148
First endorsed
Aug 19, 2016
Original loan
$10,450,000
Interest rate
3.975%
Term
480 months
Maturity
Sep 1, 2056
Monthly payment
$43,512
Balance
$9,128,472
Held by
Vermont Housing Finance Agency, Burlington, VT
Serviced by
Vermont Housing Finance Agency, Burlington, VT
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 02698002. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.