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Magnolia Gardens III

FHA Acquisition & Refinance

Endorsed August 29, 2014

FHA #06211193

Deal Details

Location
FLORENCE, Alabama
Mortgage Amount
$1.1M
Units
20
Program
Acquisition & Refinance
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2014

Current Loan Status

Active
Outstanding Balance
$883K($1.1M original)
Interest Rate
3.95%
Maturity
September 2049(23 years remaining)
Original Term
35 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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