← Back to FHA deals

SOUTHFIELD TOWNHOMES

FHA Acquisition & Refinance

Endorsed May 20, 2025

FHA #07511404

Deal Details

Location
MANITOWOC CITY, Wisconsin
Mortgage Amount
$7.8M
Units
100
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$7.7M($7.8M original)
Interest Rate
5.56%
Maturity
June 2060(34 years remaining)
Original Term
35 years
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

hud.gov multifamily data

Related Deals

Other deals by Merchants Capital Corp.