← Back to FHA deals

The Sutherland II

FHA New Construction & Substantial Rehab

Endorsed February 18, 2022

FHA #11335916

Deal Details

Location
GRAND PRAIRIE, Texas
Mortgage Amount
$43.6M
Units
265
Program
New Construction & Substantial Rehab
Lender
MASON JOSEPH COMPANY INC
Fiscal Year
FY2022

Current Loan Status

Active
Outstanding Balance
$42.5M($43.6M original)
Interest Rate
2.88%
Maturity
April 2064(38 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

Related Deals

Other FHA deals in GRAND PRAIRIE, TX

Other deals by MASON JOSEPH COMPANY INC