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Walnut Pointe

FHA Acquisition & Refinance

Endorsed April 5, 2019

FHA #07411134

Deal Details

Location
Newton, Iowa
Mortgage Amount
$3.0M
Units
50
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$2.7M($3.0M original)
Interest Rate
3.95%
Maturity
May 2054(28 years remaining)
Original Term
35 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

hud.gov multifamily data

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