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ROMULUS TOWER
FHA Acquisition & Refinance
Endorsed June 25, 2024
FHA #04411580
Deal Details
- Location
- ROMULUS, Michigan
- Mortgage Amount
- $10.9M
- Units
- 125
- Program
- Acquisition & Refinance
- Lender
- Lument
- Fiscal Year
- FY2024
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $10.8M($10.9M original)
- Interest Rate
- 5.97%
- Maturity
- July 2059(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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