Status
Active
Place
Missoula, MT, 59802
Type
Apartments
Program
223(a)(7) refinance of an FHA-insured loan
Apartments
115
First endorsed
Mar 19, 2021
Original loan
$6,568,300
Interest rate
2.79%
Term
480 months
Maturity
Apr 1, 2061
Monthly payment
$22,726
Balance
$6,037,230
Held by
Merchants Capital Servicing Ll, Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN
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 09335140. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.