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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(35 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