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Stone Gate Apartments

FHA Acquisition & Refinance

Endorsed August 27, 2021

FHA #05311524

Deal Details

Location
SPRING LAKE, North Carolina
Mortgage Amount
$24.6M
Units
264
Program
Acquisition & Refinance
Lender
Walker & Dunlop LLC
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$22.5M($24.6M original)
Interest Rate
2.42%
Maturity
September 2056(30 years remaining)
Original Term
35 years
Holder
Walker & Dunlop LLC
Servicer
Walker & Dunlop LLC

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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