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Fairmount Terrace I & II

FHA Acquisition & Refinance

Endorsed January 30, 2015

FHA #12211348

Deal Details

Location
LOS ANGELES, California
Mortgage Amount
$11.7M
Units
207
Program
Acquisition & Refinance
Lender
Lument
Fiscal Year
FY2015

Current Loan Status

Active
Outstanding Balance
$9.4M($11.7M original)
Interest Rate
3.48%
Maturity
February 2050(24 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

hud.gov multifamily data

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