← Back to FHA deals
FRANKLIN COVE
FHA Acquisition & Refinance
Endorsed June 19, 2014
FHA #07311771
Deal Details
- Location
- INDIANAPOLIS, Indiana
- Mortgage Amount
- $5.1M
- Units
- 100
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2014
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $4.1M($5.1M original)
- Interest Rate
- 3.45%
- Maturity
- July 2049(23 years remaining)
- Original Term
- 35 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
Related Deals
Other FHA deals in INDIANAPOLIS, IN
Greystone223(f) Purchase/Refi
$16.2MGreystone223(f) Purchase/Refi
$11.6MLument223(f) Purchase/Refi
$9.2MDwight Capital223(f) Purchase/Refi
$13.9MMerchants Capital Corp.New Const/Rehab
$6.0M