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REDWOOD SOUTHGATE (ALLEN RD MI P2) - PHASE II
FHA Acquisition & Refinance
Endorsed October 27, 2023
FHA #04411572
Deal Details
- Location
- SOUTHGATE, Michigan
- Mortgage Amount
- $7.3M
- Units
- 50
- Program
- Acquisition & Refinance
- Lender
- Lument
- Fiscal Year
- FY2024
Current Loan Status
Active- Outstanding Balance
- $7.2M($7.3M original)
- Interest Rate
- 6.07%
- Maturity
- November 2058(33 years remaining)
- Original Term
- 35 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
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