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Robert J. Thomas Terrace Apartments

FHA Acquisition & Refinance

Endorsed December 10, 2015

FHA #04411377

Deal Details

Location
WESTLAND, Michigan
Mortgage Amount
$2.5M
Units
60
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$2.1M($2.5M original)
Interest Rate
2.98%
Maturity
January 2051(25 years remaining)
Original Term
35 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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