Status
Active
Place
Huntsville, AL, 35801
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
54
First endorsed
Sep 29, 2022
Original loan
$5,920,000
Interest rate
4.03%
Term
420 months
Maturity
Oct 1, 2057
Monthly payment
$26,319
Balance
$5,585,305
Held by
Lument Real Estate Capital, Ll, Dallas, TX
Serviced by
Lument Real Estate Capital, Ll, Dallas, TX

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 06211293. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.