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Millstone Landing Apartments

FHA New Construction & Substantial Rehab

Endorsed August 18, 2016

FHA #05336229

Deal Details

Location
HOPE MILLS, North Carolina
Mortgage Amount
$4.3M
Units
88
Program
New Construction & Substantial Rehab
Lender
Wells Fargo Multifamily Capital
Fiscal Year
FY2016
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$3.8M($4.3M original)
Interest Rate
3.77%
Maturity
November 2057(32 years remaining)
Original Term
40 years
Holder
Wells Fargo Multifamily Capital
Servicer
Wells Fargo Multifamily Capital

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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