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Leisure Acres II

FHA Acquisition & Refinance

Endorsed November 25, 2014

FHA #07211147

Deal Details

Location: Peoria, Illinois
Mortgage Amount: $5.8M
Units: 148
Program: Acquisition & Refinance
Lender: Merchants Capital Corp.
Fiscal Year: FY2015

Current Loan Status

Active

Outstanding Balance: $4.6M($5.8M original)
Interest Rate: 3.10%
Maturity: December 2049(24 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

hud.gov multifamily data

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