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Monterey Pines Apts

FHA Acquisition & Refinance

Endorsed May 31, 2013

FHA #12111157

Deal Details

Location
MONTEREY, California
Mortgage Amount
$20.0M
Units
286
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2013

Current Loan Status

Active
Outstanding Balance
$15.0M($20.0M original)
Interest Rate
2.95%
Maturity
June 2048(22 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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