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MORREENE ROAD APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed December 22, 2017

FHA #05336269

Deal Details

Location
DURHAM, North Carolina
Mortgage Amount
$6.8M
Units
224
Program
New Construction & Substantial Rehab
Lender
HUNT MORTGAGE CAPITAL, LLC
Fiscal Year
FY2018
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$6.3M($6.8M original)
Interest Rate
3.87%
Maturity
June 2059(33 years remaining)
Original Term
40 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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