← Back to FHA deals

Ridgewood Towers Apartments

FHA QPE Risk Sharing (542b)

Endorsed March 12, 2012

FHA #07197260

Deal Details

Location
EAST MOLINE, Illinois
Mortgage Amount
$8.7M
Units
140
Program
QPE Risk Sharing (542b)
Lender
FEDERAL NATIONAL MORTGAGE
Fiscal Year
FY2012
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$5.8M($8.7M original)
Interest Rate
4.14%
Maturity
November 2041(16 years remaining)
Original Term
30 years
Holder
FEDERAL NATIONAL MORTGAGE
Servicer
FEDERAL NATIONAL MORTGAGE

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 FHA deals in EAST MOLINE, IL

Other deals by FEDERAL NATIONAL MORTGAGE