← Back to FHA deals
CUMBERLAND CROSSING APARTMENTS
FHA Acquisition & Refinance
Endorsed December 18, 2019
FHA #07311966
Deal Details
- Location
- Fishers, Indiana
- Mortgage Amount
- $15.9M
- Units
- 232
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2020
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $14.1M($15.9M original)
- Interest Rate
- 2.87%
- Maturity
- January 2055(29 years remaining)
- Original Term
- 35 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
Related Deals
Other FHA deals in Fishers, IN
Merchants Capital Corp.241(a) Improvements
$17.2MMerchants Capital Corp.223(f) Purchase/Refi
$2.7MMerchants Capital Corp.223(f) Purchase/Refi
$33.3MMerchants Capital Corp.223(a)(7) Refi
$29.0MMerchants Capital Corp.223(a)(7) Refi
$21.0M