Status
Active
Place
Jackson, MS, 39209
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
128
First endorsed
Feb 9, 2022
Original loan
$10,625,000
Interest rate
2.70%
Term
480 months
Maturity
Jul 1, 2063
Monthly payment
$36,222
Balance
$10,123,570
Held by
Walker and Dunlop LLC, Bethesda, MD
Serviced by
Walker and Dunlop LLC, Bethesda, MD
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 06535755. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.