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Deering Place

FHA New Construction & Substantial Rehab

Endorsed September 13, 2019

FHA #02235024

Deal Details

Location
PORTLAND, Maine
Mortgage Amount
$7.9M
Units
75
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2019
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$7.3M($7.9M original)
Interest Rate
3.77%
Maturity
February 2061(35 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

hud.gov multifamily data

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