Status
Active
Place
Santa Fe, NM, 87506
Type
Apartments
Program
221(d)(4) new construction or substantial rehabilitation
Apartments
65
First endorsed
Jun 23, 2020
Original loan
$5,400,000
Interest rate
3.35%
Term
480 months
Maturity
Jan 1, 2062
Monthly payment
$20,436
Balance
$5,069,260
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 11635189. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.