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REDWOOD CASCADE TOWNSHIP (WHITE WATER PLACE)

FHA Acquisition & Refinance

Endorsed September 28, 2022

FHA #04711311

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$13.7M
Units
89
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$13.1M($13.7M original)
Interest Rate
4.28%
Maturity
October 2057(32 years remaining)
Original Term
35 years
Holder
Lument
Servicer
Lument

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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