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Chapel Ridge of Gallatin

FHA QPE Risk Sharing (542b)

Endorsed December 16, 2022

FHA #08697261

Deal Details

Location
GALLATIN, Tennessee
Mortgage Amount
$23.4M
Units
208
Program
QPE Risk Sharing (542b)
Lender
FEDERAL NATIONAL MORTGAGE
Fiscal Year
FY2023
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$22.8M($23.4M original)
Interest Rate
5.21%
Maturity
September 2039(13 years remaining)
Original Term
17 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

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