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Troy, Michigan. An FHA-insured loan: 223(f) purchase or refinance of apartments.
- Status
- Active
- Place
- Troy, MI, 48084
- Type
- Apartments
- Program
- 223(f) purchase or refinance of apartments
- Apartments
- 200
- First endorsed
- Nov 13, 2025
- Original loan
- $39,850,700
- Interest rate
- 5.79%
- Term
- 420 months
- Maturity
- Dec 1, 2060
- Monthly payment
- $221,633
- Balance
- $39,550,714
- Held by
- Gershman Investment Corp, Chesterfield, MO
- Serviced by
- Gershman Investment Corp, Chesterfield, MO
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 04411588. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.