Datasets › Real estate › FHA apartment and care-home loans
Preservation Square Iia
St. Louis, Missouri. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- St. Louis, MO, 63106
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 137
- First endorsed
- Sep 16, 2024
- Original loan
- $6,260,000
- Interest rate
- 5.90%
- Term
- 480 months
- Maturity
- Oct 1, 2064
- Monthly payment
- $34,008
- Balance
- $6,177,943
- Held by
- Gershman Investment Corp, Chesterfield, MO
- Serviced by
- Gershman Investment Corp, Chesterfield, MO
- Tax credits
- Includes low-income housing tax credits
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 08535597. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.