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Spring River II Apartments

FHA New Construction & Substantial Rehab

Endorsed March 19, 2021

FHA #11635187

Deal Details

Location
ROSWELL, New Mexico
Mortgage Amount
$17.1M
Units
112
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2021

Current Loan Status

Active
Outstanding Balance
$16.3M($17.1M original)
Interest Rate
3.00%
Maturity
September 2062(36 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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