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COUNTRY CLUB HEIGHTS
FHA New Construction & Substantial Rehab
Endorsed December 15, 2021
FHA #07235699
Deal Details
- Location
- Quincy, Illinois
- Mortgage Amount
- $10.5M
- Units
- 200
- Lender
- Merchants Capital Corp.
- Fiscal Year
- FY2022
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $10.0M($10.5M original)
- Interest Rate
- 2.53%
- Maturity
- April 2058(32 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
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