Status
Active
Place
Bismarck, ND, 58501
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
54
First endorsed
Sep 17, 2012
Original loan
$3,360,000
Interest rate
2.45%
Term
420 months
Maturity
Oct 1, 2047
Monthly payment
$11,922
Balance
$2,346,754
Held by
Northmarq Finance LLC, Dallas, TX
Serviced by
Northmarq Finance LLC, 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 09411015. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.