Status
Ended Jun 6, 2023 (prepayment)
Place
Minot, ND, 58701
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
96
First endorsed
Aug 31, 2015
Original loan
$12,540,000
Interest rate
3.28%
Term
420 months
Maturity
Sep 1, 2050
Monthly payment
—
Balance
—
Held by
Grandbridge Real Estate Capita, Charlotte, NC
Serviced by
Grandbridge Real Estate Capita, Charlotte, NC
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 09411020. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.