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THE CEDARS

FHA Acquisition & Refinance

Endorsed February 28, 2013

FHA #11611029

Deal Details

Location
HOBBS, New Mexico
Mortgage Amount
$3.5M
Units
63
Program
Acquisition & Refinance
Lender
Lancaster Pollard
Fiscal Year
FY2013

Current Loan Status

Active
Outstanding Balance
$2.3M($3.5M original)
Interest Rate
2.88%
Maturity
March 2043(17 years remaining)
Original Term
30 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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