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SUMMER LAKE APARTMENTS PHASE II
FHA New Construction & Substantial Rehab
Endorsed March 3, 2021
FHA #06235786
Deal Details
- Location
- Smiths Station, Alabama
- Mortgage Amount
- $10.5M
- Units
- 72
- Fiscal Year
- FY2021
Current Loan Status
Active- Outstanding Balance
- $9.9M($10.4M original)
- Interest Rate
- 2.90%
- Maturity
- September 2062(36 years remaining)
- Original Term
- 40 years
- Servicer
- Wells Fargo Multifamily Capital
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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