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The Fountains & Gardens At Indiana
Indiana, Pennsylvania. An FHA-insured loan: 232 healthcare and senior housing (nursing homes, assisted living, board and care).
- Status
- Active
- Place
- Indiana, PA, 15701
- Type
- Nursing homes and care facilities
- Program
- 232 healthcare and senior housing (nursing homes, assisted living, board and care)
- Units or beds
- 42
- First endorsed
- Mar 9, 2026
- Original loan
- $12,897,100
- Interest rate
- 5.98%
- Term
- 420 months
- Maturity
- Apr 1, 2061
- Monthly payment
- $73,365
- Balance
- $12,841,850
- Held by
- Merchants Capital Corp., Carmel, IN
- Serviced by
- Merchants Capital Corp., Carmel, IN
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 03322160. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.