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Summer Lake Apartments

FHA Acquisition & Refinance

Endorsed April 22, 2021

FHA #06211279

Deal Details

Location
Smiths Station, Alabama
Mortgage Amount
$25.5M
Units
270
Program
Acquisition & Refinance
Lender
Wells Fargo Multifamily Capital
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$23.1M($25.5M original)
Interest Rate
2.15%
Maturity
May 2056(30 years remaining)
Original Term
35 years
Holder
Wells Fargo Multifamily Capital
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

hud.gov multifamily data

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