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Monon Place I
FHA Acquisition & Refinance
Endorsed September 30, 2016
FHA #07311877
Deal Details
- Location
- INDIANAPOLIS, Indiana
- Mortgage Amount
- $12.9M
- Units
- 136
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2016
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $10.7M($12.9M original)
- Interest Rate
- 3.28%
- Maturity
- October 2051(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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