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Villas at Crystal Lake
FHA FHA-to-FHA Refinance
Endorsed December 19, 2019
FHA #07235691
Deal Details
- Location
- Swansea, Illinois
- Mortgage Amount
- $23.4M
- Units
- 216
- Program
- FHA-to-FHA Refinance
- Lender
- GERSHMAN INVESTMENT
- Fiscal Year
- FY2020
Current Loan Status
Active- Outstanding Balance
- $21.3M($23.4M original)
- Interest Rate
- 2.95%
- Maturity
- January 2060(34 years remaining)
- Original Term
- 40 years
- Holder
- GERSHMAN INVESTMENT
- Servicer
- GERSHMAN INVESTMENT
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
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