← Back to FHA deals
FRANKLIN COVE APARTMENTS
FHA Acquisition & Refinance
Endorsed October 1, 2019
FHA #07311961
Deal Details
- Location
- FRANKLIN, Indiana
- Mortgage Amount
- $4.4M
- Units
- 108
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $4.0M($4.4M original)
- Interest Rate
- 3.30%
- Maturity
- November 2054(29 years remaining)
- Original Term
- 35 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
Related Deals
Other FHA deals in FRANKLIN, IN
Merchants Capital Corp.223(f) Purchase/Refi
$2.4MMerchants Capital Corp.223(f) Purchase/Refi
$6.6MMerchants Capital Corp.223(a)(7) Refi
$2.0MMerchants Capital Corp.223(f) Purchase/Refi
$1.8MCENTENNIAL MORTGAGENew Const/Rehab
$3.9M