Status
Active
Place
Roswell, NM, 88201
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
112
First endorsed
Mar 19, 2021
Original loan
$17,070,800
Interest rate
3.00%
Term
480 months
Maturity
Sep 1, 2062
Monthly payment
$61,111
Balance
$16,111,163
Held by
Lument Real Estate Capital, Ll, Dallas, TX
Serviced by
Lument Real Estate Capital, Ll, 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 11635187. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.