← Back to FHA deals
Margate Terrace apartments
FHA Acquisition & Refinance
Endorsed February 3, 2017
FHA #03511045
Deal Details
- Location
- Margate City, Atlantic County, New Jersey
- Mortgage Amount
- $6.4M
- Units
- 74
- Program
- Acquisition & Refinance
- Fiscal Year
- FY2017
Current Loan Status
Active- Outstanding Balance
- $5.5M($6.4M original)
- Interest Rate
- 3.48%
- Maturity
- March 2052(26 years remaining)
- Original Term
- 35 years
- Servicer
- Wells Fargo Multifamily Capital
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