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Magnolia Plaza
FHA Acquisition & Refinance
Endorsed August 29, 2013
FHA #11411377
Deal Details
- Location
- NAVASOTA, Texas
- Mortgage Amount
- $1.3M
- Units
- 60
- Program
- Acquisition & Refinance
- Lender
- DAVIS-PENN MTGE
- Fiscal Year
- FY2013
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.0M($1.3M original)
- Interest Rate
- 3.85%
- Maturity
- September 2048(22 years remaining)
- Original Term
- 35 years
- Holder
- DAVIS-PENN MORTGAGE CO
- Servicer
- DAVIS-PENN MORTGAGE CO
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