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REDWOOD SOUTHGATE (ALLEN RD MI P1)

FHA Acquisition & Refinance

Endorsed January 27, 2022

FHA #04411533

Deal Details

Location
SOUTHGATE, Michigan
Mortgage Amount
$23.6M
Units
123
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$21.8M($23.6M original)
Interest Rate
2.39%
Maturity
February 2057(31 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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