Status
Active
Place
Pleasant Hill, IA, 50327
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
148
First endorsed
Aug 16, 2023
Original loan
$15,319,900
Interest rate
5.55%
Term
420 months
Maturity
Sep 1, 2058
Monthly payment
$86,241
Balance
$14,361,647
Held by
Gershman Investment Corp, Chesterfield, MO
Serviced by
Gershman Investment Corp, Chesterfield, MO

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 07411219. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.