Status
Active
Place
Montgomery, TX, 77316
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
288
First endorsed
Oct 29, 2026
Original loan
$47,052,400
Interest rate
5.60%
Term
480 months
Maturity
Nov 1, 2068
Monthly payment
$245,892
Balance
$47,052,400
Held by
Davis-Penn Mortgage Co, Houston, TX
Serviced by
Davis-Penn Mortgage Co, Houston, 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 11435862. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.