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WESLEY BY THE BAY
FHA Acquisition & Refinance
Endorsed April 27, 2022
FHA #03511058
Deal Details
- Location
- OCEAN CITY, New Jersey
- Mortgage Amount
- $4.2M
- Units
- 60
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $4.0M($4.2M original)
- Interest Rate
- 2.75%
- Maturity
- May 2057(31 years remaining)
- Original Term
- 35 years
- Servicer
- Wells Fargo Multifamily Capital
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