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Mercantile Wharf

FHA Acquisition & Refinance

Endorsed March 24, 2021

FHA #02311599

Deal Details

Location
BOSTON, Massachusetts
Mortgage Amount
$44.5M
Units
125
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$40.2M($44.5M original)
Interest Rate
2.15%
Maturity
April 2056(30 years remaining)
Original Term
35 years
Holder
Lument
Servicer
Lument

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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