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Bay Country Apartments

FHA New Construction & Substantial Rehab

Endorsed February 19, 2019

FHA #05235812

Deal Details

Location: Cambridge, Maryland
Mortgage Amount: $16.0M
Units: 144
Program: New Construction & Substantial Rehab
Lender: Lument
Fiscal Year: FY2019
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $15.0M($16.0M original)
Interest Rate: 4.35%
Maturity: April 2060(34 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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