Status
Active
Place
Butte, MT, 59701
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
32
First endorsed
Sep 21, 2021
Original loan
$3,469,800
Interest rate
2.33%
Term
420 months
Maturity
Oct 1, 2056
Monthly payment
$12,090
Balance
$3,129,495
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 09311031. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.