← Back to FHA deals

New Leaf Community

FHA HFA Risk Sharing (542c)

Endorsed October 24, 2016

FHA #11698072

Deal Details

Location
HOBBS, New Mexico
Mortgage Amount
$1.4M
Units
72
Program
HFA Risk Sharing (542c)
Lender
NEW MEXICO MFA
Fiscal Year
FY2017
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$1.3M($1.4M original)
Interest Rate
5.00%
Maturity
November 2056(31 years remaining)
Original Term
40 years
Holder
NEW MEXICO MTG FIN AUTHORITY
Servicer
NEW MEXICO MTG FIN AUTHORITY

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

Related Deals

Other FHA deals in HOBBS, NM

Other deals by NEW MEXICO MFA