Status
Active
Place
Broussard, LA, 70518
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
100
First endorsed
Oct 30, 2025
Original loan
$10,293,300
Interest rate
5.89%
Term
420 months
Maturity
Nov 1, 2060
Monthly payment
$57,933
Balance
$10,209,760
Held by
Highland Commercial Mortgage L, Birmingham, AL
Serviced by
Highland Commercial Mortgage L, Birmingham, AL

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 06411263. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.