Datasets › Real estate › FHA apartment and care-home loans
Moon Meadows
Rapid City, South Dakota. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- Status
- Active
- Place
- Rapid City, SD, 57702
- Type
- Apartments
- Program
- 221(d)(4) new construction or substantial rehabilitation
- Apartments
- 160
- First endorsed
- Feb 28, 2018
- Original loan
- $24,165,300
- Interest rate
- 3.33%
- Term
- 480 months
- Maturity
- Nov 1, 2059
- Monthly payment
- $91,309
- Balance
- $21,952,891
- Held by
- Midland States Bank, Effingham, IL
- Serviced by
- Midland States Bank, Effingham, IL
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 09135157. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.