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THE COTTAGES AT SCHILLINGER POINTE

FHA New Construction & Substantial Rehab

Endorsed July 11, 2019

FHA #06235769

Deal Details

Location
MOBILE, Alabama
Mortgage Amount
$33.0M
Units
180
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$31.3M($33.0M original)
Interest Rate
4.20%
Maturity
May 2061(35 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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