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BDC COMMUNITIES

FHA New Construction & Substantial Rehab

Endorsed September 25, 2023

FHA #05336407

Deal Details

Location
BURLINGTON, North Carolina
Mortgage Amount
$23.5M
Units
368
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$23.5M
Interest Rate
6.21%
Maturity
January 2066(40 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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