Status
Active
Place
Minot, ND, 58701
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
48
First endorsed
Apr 26, 2012
Original loan
$2,299,500
Interest rate
3.62%
Term
300 months
Maturity
May 1, 2037
Monthly payment
$11,660
Balance
$1,228,680
Held by
Lument Real Estate Capital, Ll, Dallas, TX
Serviced by
Lument Real Estate Capital, Ll, Dallas, TX

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 09411013. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.