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Lovington Trails Apartments
FHA Acquisition & Refinance
Endorsed October 8, 2019
FHA #11611045
Deal Details
- Location
- LOVINGTON, New Mexico
- Mortgage Amount
- $6.4M
- Units
- 64
- Program
- Acquisition & Refinance
- Lender
- DAVIS-PENN MTGE
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $5.7M($6.4M original)
- Interest Rate
- 3.00%
- Maturity
- November 2054(29 years remaining)
- Original Term
- 35 years
- Holder
- DAVIS-PENN MORTGAGE CO
- Servicer
- DAVIS-PENN MORTGAGE CO
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