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SPRINGPLACE APARTMENTS

FHA New Construction & Substantial Rehab

Endorsed September 21, 2018

FHA #08735305

Deal Details

Location
LENOIR CITY, Tennessee
Mortgage Amount
$6.2M
Units
72
Program
New Construction & Substantial Rehab
Lender
Walker & Dunlop LLC
Fiscal Year
FY2018
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$5.8M($6.2M original)
Interest Rate
4.40%
Maturity
December 2059(34 years remaining)
Original Term
40 years
Holder
Walker & Dunlop LLC
Servicer
Walker & Dunlop LLC

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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