Datasets › Real estate › FHA apartment and care-home loans
Arbours At Acadiana
Lafayette, Louisiana. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- Lafayette, LA, 70501
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 84
- First endorsed
- Sep 26, 2024
- Original loan
- $5,620,000
- Interest rate
- 5.60%
- Term
- 480 months
- Maturity
- Jul 1, 2066
- Monthly payment
- $29,370
- Balance
- $5,620,000
- Held by
- Merchants Capital Corp., Carmel, IN
- Serviced by
- Merchants Capital Corp., Carmel, IN
- 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 06435753. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.