Status
Active
Place
Shreveport, LA, 71107
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
84
First endorsed
Oct 30, 2024
Original loan
$3,102,000
Interest rate
5.94%
Term
480 months
Maturity
Aug 1, 2066
Monthly payment
$16,938
Balance
$3,098,826
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 06435752. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.