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THE LOFTS AT FIRST NATIONAL

FHA Acquisition & Refinance

Endorsed September 16, 2021

FHA #06511161

Deal Details

Location
Vicksburg, Mississippi
Mortgage Amount
$9.6M
Units
55
Program
Acquisition & Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$8.8M($9.6M original)
Interest Rate
2.40%
Maturity
October 2056(31 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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