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MILL CREEK APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed June 1, 2023

FHA #05135861

Deal Details

Location
CHESAPEAKE, Virginia
Mortgage Amount
$14.0M
Units
120
Program
New Construction & Substantial Rehab
Lender
BWE
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$13.8M($14.0M original)
Interest Rate
5.25%
Maturity
October 2064(39 years remaining)
Original Term
40 years
Holder
BWE
Servicer
BWE

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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