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WESTGATE GARDENS APARTMENTS

FHA Acquisition & Refinance

Endorsed September 14, 2022

FHA #04211357

Deal Details

Location: LORAIN, Ohio
Mortgage Amount: $4.0M
Units: 72
Program: Acquisition & Refinance
Lender: Greystone
Fiscal Year: FY2022
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $3.8M($4.0M original)
Interest Rate: 3.75%
Maturity: October 2057(32 years remaining)
Original Term: 35 years
Holder: Greystone
Servicer: Greystone

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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