Status
Active
Place
Reno, NV, 89523
Type
Apartments
Program
542 risk sharing with a housing finance agency or qualified entity
Apartments
293
First endorsed
Sep 21, 2023
Original loan
$29,753,000
Interest rate
5.85%
Term
204 months
Maturity
May 1, 2040
Monthly payment
$160,605
Balance
$29,048,758
Held by
Federal National Mortgage Assn, Washington, DC
Serviced by
Federal National Mortgage Assn, Washington, DC
Tax credits
Includes low-income housing tax credits

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 12597263. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.