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THE FLATS AT FIFTY-EIGHT APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed August 16, 2018

FHA #08735302

Deal Details

Location
CHATTANOOGA, Tennessee
Mortgage Amount
$5.5M
Units
64
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2018

Current Loan Status

Active
Outstanding Balance
$5.1M($5.5M original)
Interest Rate
4.13%
Maturity
December 2059(34 years remaining)
Original Term
40 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

hud.gov multifamily data

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