Datasets › Real estate › FHA apartment and care-home loans
Springridge Apartments
Phenix City, Alabama. An FHA-insured loan: 223(f) purchase or refinance of apartments.
- Status
- Active
- Place
- Phenix City, AL, 36867
- Type
- Apartments
- Program
- 223(f) purchase or refinance of apartments
- Apartments
- 40
- First endorsed
- Aug 17, 2022
- Original loan
- $1,538,000
- Interest rate
- 2.91%
- Term
- 420 months
- Maturity
- Sep 1, 2057
- Monthly payment
- $5,842
- Balance
- $1,428,234
- Held by
- Highland Commercial Mortgage L, Birmingham, AL
- Serviced by
- Highland Commercial Mortgage L, Birmingham, AL
- 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 06211263. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.