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GAYLORD HOUSE APARTMENTS

FHA Acquisition & Refinance

Endorsed January 28, 2025

FHA #04711328

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$3.1M
Units
28
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$3.1M($3.1M original)
Interest Rate
5.56%
Maturity
February 2060(34 years remaining)
Original Term
35 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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