Status
Active
Place
Hutchinson, KS, 67502
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
156
First endorsed
Sep 1, 2021
Original loan
$5,900,000
Interest rate
2.39%
Term
420 months
Maturity
Oct 1, 2056
Monthly payment
$20,746
Balance
$5,327,325
Held by
Gershman Investment Corp, Chesterfield, MO
Serviced by
Gershman Investment Corp, Chesterfield, MO

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 10211110. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.