Status
Active
Place
Indianapolis, IN, 46204
Type
Apartments
Program
223(f) purchase or refinance of apartments
Apartments
61
First endorsed
Aug 27, 2026
Original loan
$6,500,000
Interest rate
5.58%
Term
420 months
Maturity
Sep 1, 2061
Monthly payment
$35,247
Balance
$6,494,978
Held by
Merchants Capital Corp., Carmel, IN
Serviced by
Merchants Capital Corp., Carmel, IN

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 27311019. Source: HUD Insured Multifamily Mortgages ↗. Property and loan facts only.