Status
Active
Place
Jackson, MS, 39213
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
120
First endorsed
Jun 29, 2022
Original loan
$8,557,500
Interest rate
4.19%
Term
480 months
Maturity
Nov 1, 2063
Monthly payment
$36,783
Balance
$8,300,988
Held by
Bellwether Enterprise Real Est, Cleveland, OH
Serviced by
Bellwether Enterprise Real Est, Cleveland, OH
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 06535758. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.