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RANSOM TOWERS

FHA Acquisition & Refinance

Endorsed October 1, 2009

FHA #04711072

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$5.1M
Units
151
Program
Acquisition & Refinance
Lender
BWE
Fiscal Year
FY2010

Current Loan Status

Active
Outstanding Balance
$3.6M($5.1M original)
Interest Rate
3.70%
Maturity
November 2044(19 years remaining)
Original Term
35 years
Holder
BWE
Servicer
BWE

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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