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Arbours at Demopolis Apartments

FHA New Construction & Substantial Rehab

Endorsed June 15, 2017

FHA #06235764

Deal Details

Location
DEMOPOLIS, Alabama
Mortgage Amount
$1.0M
Units
80
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2017
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$930K($1.0M original)
Interest Rate
3.70%
Maturity
January 2059(33 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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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