Datasets › Real estate › FHA apartment and care-home loans
Spring River Ii Apartments
Roswell, New Mexico. An FHA-insured loan: 221(d)(4) new construction or substantial rehabilitation.
- 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.