← Back to FHA deals

Park Woods Apartments

FHA Acquisition & Refinance

Endorsed February 11, 2016

FHA #04711202

Deal Details

Location
MUSKEGON, Michigan
Mortgage Amount
$1.8M
Units
100
Program
Acquisition & Refinance
Lender
Merchants Capital Corp.
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$1.5M($1.8M original)
Interest Rate
3.23%
Maturity
March 2051(25 years remaining)
Original Term
35 years
Holder
Merchants Capital Corp.
Servicer
Merchants Capital Corp.

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

Related Deals

Other FHA deals in MUSKEGON, MI

Other deals by Merchants Capital Corp.