Status
Active
Place
Lake Saint Louis, MO, 63367
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
48
First endorsed
Mar 26, 2025
Original loan
$10,504,500
Interest rate
5.65%
Term
420 months
Maturity
Apr 1, 2060
Monthly payment
$57,447
Balance
$10,354,805
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 08511259. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.