Status
Active
Place
Billings, MT, 59102
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
101
First endorsed
May 11, 2023
Original loan
$16,140,000
Interest rate
4.89%
Term
420 months
Maturity
Jun 1, 2058
Monthly payment
$80,328
Balance
$15,508,956
Held by
Pgim Real Estate Agency Financ, Dallas, TX
Serviced by
Pgim Real Estate Agency Financ, Dallas, TX
Financing
Tax-exempt bonds
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 09311036. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.