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THE PRESERVES PHASE IV

FHA FHA-to-FHA Refinance

Endorsed July 27, 2021

FHA #04410017

Deal Details

Location
STERLING HEIGHTS, Michigan
Mortgage Amount
$13.5M
Units
110
Program
FHA-to-FHA Refinance
Lender
Lument
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$12.0M($13.5M original)
Interest Rate
3.53%
Maturity
December 2047(22 years remaining)
Original Term
26 years, 4 months
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

hud.gov multifamily data

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