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WILLOW CREEK MANOR

FHA New Construction & Substantial Rehab

Endorsed March 31, 2025

FHA #11435852

Deal Details

Location
HOUSTON, Texas
Mortgage Amount
$37.5M
Units
264
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2025
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$37.5M
Interest Rate
4.23%
Maturity
December 2067(42 years remaining)
Original Term
40 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

hud.gov multifamily data

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