Status
Active
Place
Sioux Falls, SD, 57108
Type
Apartments
Program
Other new construction or substantial rehabilitation (213 cooperatives, 220 urban renewal, 231 elderly)
Apartments
61
First endorsed
Jul 18, 2019
Original loan
$10,863,000
Interest rate
4.38%
Term
480 months
Maturity
Feb 1, 2061
Monthly payment
$48,001
Balance
$10,219,751
Held by
Colliers Mortgage LLC, Minneapolis, MN
Serviced by
Colliers Mortgage LLC, Minneapolis, MN

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 09123003. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.