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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(16 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
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