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Academy on 4th
FHA New Construction & Substantial Rehab
Endorsed March 20, 2018
FHA #08335751
Deal Details
- Location
- NEWPORT, Kentucky
- Mortgage Amount
- $35.7M
- Units
- 202
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2018
Current Loan Status
Active- Outstanding Balance
- $33.2M($35.7M original)
- Interest Rate
- 3.64%
- Maturity
- April 2060(34 years remaining)
- Original Term
- 40 years
- Holder
- Merchants Capital Corp.
- Servicer
- Merchants Capital Corp.
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