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LAKE FOREST APARTMENTS
FHA Acquisition & Refinance
Endorsed December 18, 2015
FHA #07511251
Deal Details
- Location
- OAK CREEK, Wisconsin
- Mortgage Amount
- $6.0M
- Units
- 127
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2016
Current Loan Status
Active- Outstanding Balance
- $4.9M($6.0M original)
- Interest Rate
- 3.40%
- Maturity
- January 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
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