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PRESTON PLACE

FHA Acquisition & Refinance

Endorsed May 17, 2012

FHA #10511045

Deal Details

Location
SALT LAKE CITY, Utah
Mortgage Amount
$3.5M
Units
65
Program
Acquisition & Refinance
Lender
Lancaster Pollard
Fiscal Year
FY2012

Current Loan Status

Active
Outstanding Balance
$2.5M($3.5M original)
Interest Rate
3.01%
Maturity
June 2047(21 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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