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Mesquite Terrace Apartments
FHA Acquisition & Refinance
Endorsed November 26, 2024
FHA #11511439
Deal Details
- Location
- PHARR, Texas
- Mortgage Amount
- $5.9M
- Units
- 106
- Program
- Acquisition & Refinance
- Lender
- DAVIS-PENN MTGE
- Fiscal Year
- FY2025
Current Loan Status
Active- Outstanding Balance
- $5.9M($5.9M original)
- Interest Rate
- 5.43%
- Maturity
- December 2059(34 years remaining)
- Original Term
- 35 years
- Holder
- DAVIS-PENN MORTGAGE CO
- Servicer
- DAVIS-PENN MORTGAGE CO
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