Status
Active
Place
Gulf Shores, AL, 36542
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
96
First endorsed
Aug 18, 2022
Original loan
$16,101,600
Interest rate
3.94%
Term
420 months
Maturity
Sep 1, 2057
Monthly payment
$70,715
Balance
$15,154,420
Held by
Berkadia Commercial Mortgage L, Ambler, PA
Serviced by
Berkadia Commercial Mortgage L, Ambler, PA

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 06211289. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.