Datasets › Real estate › FHA apartment and care-home loans
Raintree Apartments
Clovis, New Mexico. An FHA-insured loan: 223(a)(7) refinance of an FHA-insured loan.
- Status
- Active
- Place
- Clovis, NM, 88102
- Type
- Apartments
- Program
- 223(a)(7) refinance of an FHA-insured loan
- Apartments
- 128
- First endorsed
- Jul 23, 2020
- Original loan
- $11,210,600
- Interest rate
- 2.75%
- Term
- 480 months
- Maturity
- Aug 1, 2060
- Monthly payment
- $38,534
- Balance
- $10,176,167
- 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 11635190. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.