Datasets › Real estate › FHA apartment and care-home loans
Ridgewood Eat Apartments
West Point, Mississippi. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- West Point, MS, 39773
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 72
- First endorsed
- Oct 28, 2025
- Original loan
- $10,500,000
- Interest rate
- 5.38%
- Term
- 480 months
- Maturity
- Feb 1, 2067
- Monthly payment
- $53,301
- Balance
- $10,500,000
- 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 06535765. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.