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Desert Palms

FHA HFA Risk Sharing (542c)

Endorsed September 22, 2006

FHA #11698046

Deal Details

Location: LAS CRUCES, New Mexico
Mortgage Amount: $1.7M
Units: 100
Program: HFA Risk Sharing (542c)
Lender: NEW MEXICO MFA
Fiscal Year: FY2006
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $1.2M($1.7M original)
Interest Rate: 6.48%
Maturity: October 2041(15 years remaining)
Original Term: 35 years
Holder: NEW MEXICO MTG FIN AUTHORITY
Servicer: NEW MEXICO MTG FIN AUTHORITY

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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