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Bel Park Tower

FHA New Construction & Substantial Rehab

Endorsed November 20, 2015

FHA #05235742

Deal Details

Location: BALTIMORE, Maryland
Mortgage Amount: $14.3M
Units: 253
Program: New Construction & Substantial Rehab
Lender: RICHMAC FUNDING LLC
Fiscal Year: FY2016
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $12.8M($14.3M original)
Interest Rate: 3.75%
Maturity: October 2057(32 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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