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Mt. Pleasant Apartments

FHA Acquisition & Refinance

Endorsed December 27, 2018

FHA #02311505

Deal Details

Location
Somerville, Massachusetts
Mortgage Amount
$13.1M
Units
65
Program
Acquisition & Refinance
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2019

Current Loan Status

Active
Outstanding Balance
$11.8M($13.1M original)
Interest Rate
4.38%
Maturity
January 2054(28 years remaining)
Original Term
35 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

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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