Datasets › Real estate › FHA apartment and care-home loans
1435 Mulberry Apartments
Des Moines, Iowa. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- Des Moines, IA, 50309
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 202
- First endorsed
- Jun 27, 2025
- Original loan
- $44,491,700
- Interest rate
- 6.05%
- Term
- 480 months
- Maturity
- Jun 1, 2067
- Monthly payment
- $258,983
- Balance
- $44,491,700
- 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 07435309. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.