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Smart Living at Texas City

FHA Acquisition & Refinance

Endorsed October 7, 2025

FHA #11411637

Deal Details

Location: TEXAS CITY, Texas
Mortgage Amount: $36.3M
Units: 234
Program: Acquisition & Refinance
Lender: Northmarq
Fiscal Year: FY2026

Current Loan Status

Active

Outstanding Balance: $36.2M($36.3M original)
Interest Rate: 5.53%
Maturity: November 2060(35 years remaining)
Original Term: 35 years
Holder: Northmarq
Servicer: Northmarq

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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