Status
Active
Place
Bismarck, ND, 58503
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
47
First endorsed
Oct 30, 2013
Original loan
$2,459,800
Interest rate
3.84%
Term
420 months
Maturity
Nov 1, 2048
Monthly payment
$10,705
Balance
$1,910,665
Held by
Wells Fargo Bank NA, Des Moines, IA
Serviced by
Wells Fargo Bank NA, Des Moines, IA
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 09411016. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.