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Steeples on Washington
FHA Acquisition & Refinance
Endorsed March 29, 2017
FHA #07311897
Deal Details
- Location
- INDIANAPOLIS, Indiana
- Mortgage Amount
- $5.6M
- Units
- 144
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2017
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $4.7M($5.6M original)
- Interest Rate
- 3.25%
- Maturity
- April 2052(26 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
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