Status
Active
Place
Minot, ND, 58701
Type
Apartments
Program
223(a)(7) refinance of an FHA-insured loan
Apartments
132
First endorsed
Nov 30, 2021
Original loan
$9,302,300
Interest rate
2.37%
Term
420 months
Maturity
Dec 1, 2056
Monthly payment
$32,611
Balance
$8,428,215
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 09411030. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.