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Spectrum Majestic
FHA Acquisition & Refinance
Endorsed July 29, 2020
FHA #00011289
Deal Details
- Location
- GAITHERSBURG, Maryland
- Mortgage Amount
- $56.8M
- Units
- 243
- Program
- Acquisition & Refinance
- Lender
- EAGLE BANK
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $50.9M($56.8M original)
- Interest Rate
- 2.57%
- Maturity
- August 2055(29 years remaining)
- Original Term
- 35 years
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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