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REDWOOD MONROE - PHASE 1
FHA Acquisition & Refinance
Endorsed November 1, 2023
FHA #05311591
Deal Details
- Location
- MONROE, North Carolina
- Mortgage Amount
- $18.0M
- Units
- 112
- Program
- Acquisition & Refinance
- Lender
- Lument
- Fiscal Year
- FY2024
Current Loan Status
Active- Outstanding Balance
- $17.7M($18.0M original)
- Interest Rate
- 5.99%
- Maturity
- December 2058(33 years remaining)
- Original Term
- 35 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
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