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Sunset Terrace

FHA Acquisition & Refinance

Endorsed September 4, 2025

FHA #11511442

Deal Details

Location
PHARR, Texas
Mortgage Amount
$6.9M
Units
100
Program
Acquisition & Refinance
Lender
DAVIS-PENN MTGE
Fiscal Year
FY2025
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$6.9M($6.9M original)
Interest Rate
5.96%
Maturity
October 2060(34 years remaining)
Original Term
35 years
Holder
DAVIS-PENN MORTGAGE CO
Servicer
DAVIS-PENN MORTGAGE CO

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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