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HAMILTON SQUARE

FHA New Construction & Substantial Rehab

Endorsed November 30, 2023

FHA #03135334

Deal Details

Location
PATERSON, New Jersey
Mortgage Amount
$5.2M
Units
68
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2024

Current Loan Status

Active
Outstanding Balance
$5.2M($5.2M original)
Interest Rate
6.92%
Maturity
March 2065(39 years remaining)
Original Term
40 years
Holder
Lument
Servicer
Lument

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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