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Cedar Village of Schaumburg
FHA Acquisition & Refinance
Endorsed December 10, 2020
FHA #07111467
Deal Details
- Location
- SCHAUMBURG, Illinois
- Mortgage Amount
- $6.8M
- Units
- 132
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2021
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $6.1M($6.8M original)
- Interest Rate
- 2.49%
- Maturity
- June 2053(27 years remaining)
- Original Term
- 32 years, 5 months
- 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