← Back to FHA deals

KHA RAD I

FHA New Construction & Substantial Rehab

Endorsed October 29, 2021

FHA #07335810

Deal Details

Location
KOKOMO, Indiana
Mortgage Amount
$15.4M
Units
335
Program
New Construction & Substantial Rehab
Lender
Merchants Capital Corp.
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$14.8M($15.4M original)
Interest Rate
2.88%
Maturity
August 2063(37 years remaining)
Original Term
40 years
Holder
Merchants Capital Corp.
Servicer
Merchants Capital Corp.

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 KOKOMO, IN

Other deals by Merchants Capital Corp.