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Spruce Hills Village and Spring Village

FHA Acquisition & Refinance

Endorsed August 25, 2025

FHA #07411235

Deal Details

Location
BETTENDORF, Iowa
Mortgage Amount
$16.0M
Units
183
Program
Acquisition & Refinance
Lender
CENTENNIAL MORTGAGE
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$16.0M($16.0M original)
Interest Rate
5.98%
Maturity
September 2060(34 years remaining)
Original Term
35 years
Holder
CENTENNIAL MORTGAGE
Servicer
CENTENNIAL MORTGAGE

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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