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Elm Drive

FHA New Construction & Substantial Rehab

Endorsed December 4, 2013

FHA #06435581

Deal Details

Location: BATON ROUGE, Louisiana
Mortgage Amount: $2.2M
Units: 60
Program: New Construction & Substantial Rehab
Lender: Lument
Fiscal Year: FY2014
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $2.0M($2.2M original)
Interest Rate: 5.15%
Maturity: March 2055(29 years remaining)
Original Term: 40 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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