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HIGHLANDS VILLAGE

FHA Acquisition & Refinance

Endorsed December 20, 2023

FHA #05311595

Deal Details

Location
NEW BERN, North Carolina
Mortgage Amount
$2.2M
Units
60
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2024
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.2M($2.2M original)
Interest Rate
6.83%
Maturity
January 2059(33 years remaining)
Original Term
35 years
Holder
Merchants Capital Corp.
Servicer
Merchants Capital Corp.

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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