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Somerset Lane Apartments
FHA Acquisition & Refinance
Endorsed March 19, 2009
FHA #04311152
Deal Details
- Location
- SOMERSET, Ohio
- Mortgage Amount
- $1.6M
- Units
- 46
- Program
- Acquisition & Refinance
- Lender
- Lument
- Fiscal Year
- FY2009
Current Loan Status
Active- Outstanding Balance
- $1.1M($1.6M original)
- Interest Rate
- 4.25%
- Maturity
- April 2044(18 years remaining)
- Original Term
- 35 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