Datasets › Real estate › FHA apartment and care-home loans
Cathedral Place Apartments
Mobile, Alabama. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- Mobile, AL, 36602
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 192
- First endorsed
- Jul 27, 2022
- Original loan
- $14,800,000
- Interest rate
- 4.37%
- Term
- 480 months
- Maturity
- Nov 1, 2063
- Monthly payment
- $65,304
- Balance
- $14,375,021
- Held by
- Bellwether Enterprise Real Est, Cleveland, OH
- Serviced by
- Bellwether Enterprise Real Est, Cleveland, OH
- Financing
- Tax-exempt bonds
- 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 06235804. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.