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The Masters II
FHA Acquisition & Refinance
Endorsed July 12, 2012
FHA #07311574
Deal Details
- Location
- Valpariso, Indiana
- Mortgage Amount
- $2.3M
- Units
- 64
- Program
- Acquisition & Refinance
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2012
- LIHTC
- Yes
Current Loan Status
Active- Outstanding Balance
- $1.6M($2.3M original)
- Interest Rate
- 2.64%
- Maturity
- August 2047(21 years remaining)
- Original Term
- 35 years
- Holder
- Merchants Capital Corp.
- Servicer
- Merchants Capital Corp.
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