Status
Active
Place
Tiffin, IA, 52340
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
144
First endorsed
Oct 27, 2025
Original loan
$20,585,100
Interest rate
5.45%
Term
420 months
Maturity
Nov 1, 2060
Monthly payment
$109,872
Balance
$20,400,759
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 07411231. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.