Status
Active
Place
Lawrenceburg, IN, 47025
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
150
First endorsed
Sep 11, 2025
Original loan
$21,060,000
Interest rate
5.98%
Term
420 months
Maturity
Oct 1, 2060
Monthly payment
$119,799
Balance
$20,876,831
Held by
Merchants Capital Servicing Ll, Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN

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 07211351. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.