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Sherman Apartments
FHA New Construction & Substantial Rehab
Endorsed July 29, 2024
FHA #11336041
Deal Details
- Location
- SHERMAN, Texas
- Mortgage Amount
- $41.8M
- Units
- 276
- Lender
- MASON JOSEPH COMPANY INC
- Fiscal Year
- FY2024
Current Loan Status
Active- Outstanding Balance
- $41.8M
- Interest Rate
- 5.97%
- Maturity
- October 2066(41 years remaining)
- Original Term
- 40 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
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