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Waters at Magnolia Bay
FHA FHA-to-FHA Refinance
Endorsed July 29, 2021
FHA #05435898
Deal Details
- Location
- SUMMERVILLE, South Carolina
- Mortgage Amount
- $21.3M
- Units
- 300
- Program
- FHA-to-FHA Refinance
- Lender
- Lument
- Fiscal Year
- FY2021
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $20.0M($21.3M original)
- Interest Rate
- 3.15%
- Maturity
- August 2061(35 years remaining)
- Original Term
- 40 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
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