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MAGNOLIA TERRACE APARTMENTS

FHA Acquisition & Refinance

Endorsed June 10, 2021

FHA #08711134

Deal Details

Location
JELLICO, Tennessee
Mortgage Amount
$3.0M
Units
123
Program
Acquisition & Refinance
Lender
Dwight Capital
Fiscal Year
FY2021
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$2.8M($3.0M original)
Interest Rate
2.81%
Maturity
July 2056(30 years remaining)
Original Term
35 years
Holder
Dwight Capital
Servicer
Dwight 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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