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Inspiration Cottonwood

FHA New Construction & Substantial Rehab

Endorsed November 23, 2021

FHA #12335584

Deal Details

Location
COTTONWOOD, Arizona
Mortgage Amount
$44.5M
Units
192
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$43.3M($44.5M original)
Interest Rate
2.80%
Maturity
March 2064(38 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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