Status
Active
Place
Fargo, ND, 58104
Type
Apartments
Program
Other new construction or substantial rehabilitation (213 cooperatives, 220 urban renewal, 231 elderly)
Apartments
52
First endorsed
Jun 30, 2022
Original loan
$11,141,800
Interest rate
4.20%
Term
480 months
Maturity
Dec 1, 2063
Monthly payment
$47,961
Balance
$10,818,712
Held by
Colliers Mortgage LLC, Minneapolis, MN
Serviced by
Colliers Mortgage LLC, Minneapolis, MN

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 09423002. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.