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Gloria Drive Apartments

FHA New Construction & Substantial Rehab

Endorsed May 11, 2022

FHA #13636124

Deal Details

Location: SACRAMENTO, California
Mortgage Amount: $7.9M
Units: 31
Program: New Construction & Substantial Rehab
Lender: Lument
Fiscal Year: FY2022
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $7.6M($7.9M original)
Interest Rate: 4.00%
Maturity: April 2063(37 years remaining)
Original Term: 40 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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