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WARRIS FARMS APTS

FHA Acquisition & Refinance

Endorsed April 20, 2021

FHA #04411519

Deal Details

Location
WESTLAND, Michigan
Mortgage Amount
$11.5M
Units
216
Program
Acquisition & Refinance
Lender
NORTHPOINT CAPITAL LLC
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$10.4M($11.5M original)
Interest Rate
2.42%
Maturity
May 2056(30 years remaining)
Original Term
35 years
Holder
NORTHPOINT CAPITAL LLC
Servicer
NORTHPOINT CAPITAL LLC

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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