Datasets › Real estate › FHA apartment and care-home loans
River Music Apartments
Spring Lake, North Carolina. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- Spring Lake, NC, 28390
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 264
- First endorsed
- Apr 2, 2026
- Original loan
- $47,181,800
- Interest rate
- 5.34%
- Term
- 480 months
- Maturity
- Jun 1, 2068
- Monthly payment
- $238,234
- Balance
- $47,181,800
- Held by
- Highland Commercial Mortgage L, Birmingham, AL
- Serviced by
- Highland Commercial Mortgage L, Birmingham, AL
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 05336475. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.