← Back to FHA deals
Montecito Apartments
FHA Acquisition & Refinance
Endorsed June 16, 2015
FHA #12211360
Deal Details
- Location
- LOS ANGELES, California
- Mortgage Amount
- $9.0M
- Units
- 116
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2015
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $7.2M($9.0M original)
- Interest Rate
- 2.98%
- Maturity
- July 2050(24 years remaining)
- Original Term
- 35 years
- Servicer
- Wells Fargo Multifamily Capital
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