← Back to FHA deals

North Village Apartments Phase III

FHA New Construction & Substantial Rehab

Endorsed October 23, 2025

FHA #06435767

Deal Details

Location
RUSTON, Louisiana
Mortgage Amount
$13.8M
Units
84
Program
New Construction & Substantial Rehab
Lender
HIGHLAND COMMERCIAL MTGE
Fiscal Year
FY2026

Current Loan Status

Active
Outstanding Balance
$13.8M
Interest Rate
6.17%
Maturity
April 2067(41 years remaining)
Original Term
40 years
Holder
HIGHLAND MORTGAGE
Servicer
HIGHLAND MORTGAGE

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

Related Deals

Other FHA deals in RUSTON, LA

Other deals by HIGHLAND COMMERCIAL MTGE