Status
Active
Place
Wahoo, NE, 68066
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
66
First endorsed
Sep 27, 2022
Original loan
$3,400,000
Interest rate
4.39%
Term
420 months
Maturity
Oct 1, 2057
Monthly payment
$15,860
Balance
$3,220,820
Held by
Merchants Capital Corp., Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN

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 10311112. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.