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20 FULTON 1
FHA Acquisition & Refinance
Endorsed July 21, 2021
FHA #04711267
Deal Details
- Location
- GRAND RAPIDS, Michigan
- Mortgage Amount
- $1.5M
- Units
- 23
- Program
- Acquisition & Refinance
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2021
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.4M($1.5M original)
- Interest Rate
- 2.75%
- Maturity
- August 2056(30 years remaining)
- Original Term
- 35 years
- Holder
- GERSHMAN INVESTMENT
- Servicer
- GERSHMAN INVESTMENT
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
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