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Richland Apartments
FHA New Construction & Substantial Rehab
Endorsed December 11, 2018
FHA #06435672
Deal Details
- Location
- RAYVILLE, Louisiana
- Mortgage Amount
- $1.9M
- Units
- 60
- Lender
- HIGHLAND COMMERCIAL MTGE
- Fiscal Year
- FY2019
Current Loan Status
Active- Outstanding Balance
- $1.7M($1.9M original)
- Interest Rate
- 3.26%
- Maturity
- March 2060(34 years remaining)
- Original Term
- 40 years
- Holder
- HIGHLAND MORTGAGE
- Servicer
- HIGHLAND MORTGAGE
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