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Diamond Spring Gardens

FHA Acquisition & Refinance

Endorsed November 30, 2020

FHA #02311577

Deal Details

Location
LAWRENCE, Massachusetts
Mortgage Amount
$13.8M
Units
96
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$12.4M($13.8M original)
Interest Rate
2.15%
Maturity
December 2055(30 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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