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HILLSIDE APARTMENTS
FHA New Construction & Substantial Rehab
Endorsed December 12, 2007
FHA #04335504
Deal Details
- Location
- MOUNT VERNON, Ohio
- Mortgage Amount
- $1.8M
- Units
- 45
- Fiscal Year
- FY2008
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.4M($1.8M original)
- Interest Rate
- 3.25%
- Maturity
- May 2049(23 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