Status
Active
Place
Starkville, MS, 39759
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
120
First endorsed
Apr 13, 2023
Original loan
$10,567,200
Interest rate
5.20%
Term
480 months
Maturity
Dec 1, 2064
Monthly payment
$52,362
Balance
$10,415,864
Held by
Bellwether Enterprise Real Est, Cleveland, OH
Serviced by
Bellwether Enterprise Real Est, Cleveland, OH
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 06535761. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.