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FEATHERSTONE APARTMENTS

FHA Acquisition & Refinance

Endorsed March 28, 2018

FHA #07411118

Deal Details

Location: COUNCIL BLUFFS, Iowa
Mortgage Amount: $8.1M
Units: 147
Program: Acquisition & Refinance
Lender: Lancaster Pollard
Fiscal Year: FY2018
LIHTC: Yes

Current Loan Status

Active

Outstanding Balance: $7.1M($8.1M original)
Interest Rate: 3.85%
Maturity: April 2053(27 years remaining)
Original Term: 35 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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