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The Lantana

FHA New Construction & Substantial Rehab

Endorsed August 27, 2021

FHA #11535919

Deal Details

Location: SAN MARCOS, Texas
Mortgage Amount: $30.0M
Units: 216
Program: New Construction & Substantial Rehab
Lender: Lument
Fiscal Year: FY2021
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $28.9M($30.0M original)
Interest Rate: 3.15%
Maturity: May 2063(37 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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