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Socorro Village

FHA New Construction & Substantial Rehab

Endorsed July 15, 2022

FHA #11335992

Deal Details

Location
SOCORRO, Texas
Mortgage Amount
$7.5M
Units
52
Program
New Construction & Substantial Rehab
Lender
Lument
Fiscal Year
FY2022
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$7.4M($7.5M original)
Interest Rate
4.50%
Maturity
February 2064(38 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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