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Nichols Station

FHA New Construction & Substantial Rehab

Endorsed April 29, 2015

FHA #07535462

Deal Details

Location
MADISON, Wisconsin
Mortgage Amount
$5.6M
Units
34
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2015

Current Loan Status

Active
Outstanding Balance
$4.8M($5.6M original)
Interest Rate
3.15%
Maturity
July 2056(30 years remaining)
Original Term
40 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

hud.gov multifamily data

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