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Frenchtown Place

FHA Acquisition & Refinance

Endorsed March 7, 2017

FHA #04411385

Deal Details

Location
MONROE, Michigan
Mortgage Amount
$5.0M
Units
151
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2017

Current Loan Status

Active
Outstanding Balance
$4.3M($5.0M original)
Interest Rate
3.39%
Maturity
April 2052(26 years remaining)
Original Term
35 years
Holder
ROSE COMMUNITY CAPITAL
Servicer
ROSE COMMUNITY CAPITAL

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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