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Covered Bridge
FHA New Construction & Substantial Rehab
Endorsed May 7, 2013
FHA #07335769
Deal Details
- Location
- INDIANAPOLIS, Indiana
- Mortgage Amount
- $16.3M
- Units
- 252
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2013
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $13.4M($16.3M original)
- Interest Rate
- 3.10%
- Maturity
- April 2054(28 years remaining)
- Original Term
- 40 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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