Status
Active
Place
Butte, MT, 59701
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
24
First endorsed
Dec 16, 2021
Original loan
$3,467,700
Interest rate
2.33%
Term
420 months
Maturity
Jan 1, 2057
Monthly payment
$12,083
Balance
$3,145,563
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 09311033. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.