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Lofts at Canterbury House III

FHA New Construction & Substantial Rehab

Endorsed June 30, 2017

FHA #06435650

Deal Details

Location
SLIDELL, Louisiana
Mortgage Amount
$18.9M
Units
135
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2017

Current Loan Status

Active
Outstanding Balance
$17.3M($18.9M original)
Interest Rate
3.50%
Maturity
July 2059(33 years remaining)
Original Term
40 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

hud.gov multifamily data

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