Status
Active
Place
Warsaw, IN, 46580
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
60
First endorsed
Mar 19, 2025
Original loan
$3,740,000
Interest rate
5.75%
Term
420 months
Maturity
Apr 1, 2060
Monthly payment
$21,587
Balance
$3,669,727
Held by
Merchants Capital Servicing Ll, Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN
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 07211350. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.