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Catalon at Lago Mar Apartments Phase II
FHA New Construction & Substantial Rehab
Endorsed July 29, 2019
FHA #11435784
Deal Details
- Location
- HOUSTON, Texas
- Mortgage Amount
- $20.0M
- Units
- 170
- Lender
- DAVIS-PENN MTGE
- Fiscal Year
- FY2019
Current Loan Status
Active- Outstanding Balance
- $18.8M($20.0M original)
- Interest Rate
- 3.85%
- Maturity
- March 2061(35 years remaining)
- Original Term
- 40 years
- Holder
- DAVIS-PENN MORTGAGE CO
- Servicer
- DAVIS-PENN MORTGAGE CO
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