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THE DURHAM APARTMENTS

FHA FHA-to-FHA Refinance

Endorsed September 30, 2016

FHA #09211426

Deal Details

Location
MANKATO, Minnesota
Mortgage Amount
$2.4M
Units
41
Program
FHA-to-FHA Refinance
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$1.8M($2.4M original)
Interest Rate
2.75%
Maturity
October 2051(26 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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