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Indian Springs Apartments

FHA New Construction & Substantial Rehab

Endorsed August 30, 2016

FHA #11835244

Deal Details

Location
BROKEN ARROW, Oklahoma
Mortgage Amount
$18.3M
Units
261
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2016
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$16.2M($18.3M original)
Interest Rate
3.41%
Maturity
October 2057(32 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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