Status
Active
Place
Roswell, NM, 88201
Type
Apartments
Program
223(a)(7) refinance of an FHA-insured loan
Apartments
144
First endorsed
Nov 23, 2020
Original loan
$16,467,500
Interest rate
3.57%
Term
480 months
Maturity
Dec 1, 2060
Monthly payment
$64,487
Balance
$15,263,552
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 11635192. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.