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WESTRIDGE APARTMENTS

FHA Acquisition & Refinance

Endorsed June 23, 2016

FHA #11311274

Deal Details

Location: MIDLAND, Texas
Mortgage Amount: $4.9M
Units: 96
Program: Acquisition & Refinance
Lender: Lument
Fiscal Year: FY2016
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $4.1M($4.9M original)
Interest Rate: 3.30%
Maturity: July 2051(25 years remaining)
Original Term: 35 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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