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LINWOOD TERRACE APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed November 30, 2017

FHA #05336260

Deal Details

Location
GASTONIA, North Carolina
Mortgage Amount
$3.2M
Units
100
Program
New Construction & Substantial Rehab
Lender
Wells Fargo Multifamily Capital
Fiscal Year
FY2018
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$2.9M($3.2M original)
Interest Rate
3.68%
Maturity
September 2059(33 years remaining)
Original Term
40 years
Holder
Wells Fargo Multifamily Capital
Servicer
Wells Fargo Multifamily Capital

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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