← Back to FHA deals
Village Park Apartments
FHA Acquisition & Refinance
Endorsed June 17, 2021
FHA #07111501
Deal Details
- Location
- WAUKEGAN, Illinois
- Mortgage Amount
- $10.1M
- Units
- 126
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2021
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $9.2M($10.1M original)
- Interest Rate
- 2.40%
- Maturity
- July 2056(30 years remaining)
- Original Term
- 35 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
Related Deals
Other FHA deals in WAUKEGAN, IL
ILLINOIS HDARisk Sharing
$7.1MILLINOIS HDARisk Sharing
$12.9MLument223(f) Purchase/Refi
$4.8MMerchants Capital Corp.223(a)(7) Refi
$4.9MMerchants Capital Corp.223(a)(7) Refi
$4.8M