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MICHIGAN MEADOWS

FHA Acquisition & Refinance

Endorsed December 16, 2022

FHA #04711318

Deal Details

Location
GRAND RAPIDS, Michigan
Mortgage Amount
$18.1M
Units
87
Program
Acquisition & Refinance
Lender
BWE
Fiscal Year
FY2023

Current Loan Status

Active
Outstanding Balance
$17.5M($18.1M original)
Interest Rate
5.95%
Maturity
January 2058(32 years remaining)
Original Term
35 years
Holder
BWE
Servicer
BWE

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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