Status
Active
Place
Prescott, AZ, 86301
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
100
First endorsed
Apr 27, 2023
Original loan
$26,211,300
Interest rate
4.99%
Term
420 months
Maturity
May 1, 2058
Monthly payment
$132,118
Balance
$25,179,986
Held by
Northmarq Finance LLC, Dallas, TX
Serviced by
Northmarq Finance LLC, 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 12311348. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.