Status
Active
Place
Ponce, PR, 00728
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
54
First endorsed
Nov 29, 2012
Original loan
$1,959,000
Interest rate
2.81%
Term
420 months
Maturity
Dec 1, 2047
Monthly payment
$7,333
Balance
$1,402,726
Held by
Arbor Agency Lending, LLC, Uniondale, NY
Serviced by
Arbor Agency Lending, LLC, Uniondale, NY

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 05611024. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.