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PRESERVE OF SPRING LAKE TOWNHOMES
FHA Acquisition & Refinance
Endorsed April 27, 2022
FHA #04711308
Deal Details
- Location
- SPRING LAKE, Michigan
- Mortgage Amount
- $10.1M
- Units
- 42
- Program
- Acquisition & Refinance
- Lender
- BWE
- Fiscal Year
- FY2022
Current Loan Status
Active- Outstanding Balance
- $9.4M($10.1M original)
- Interest Rate
- 2.99%
- Maturity
- May 2057(31 years remaining)
- Original Term
- 35 years
- Holder
- BWE
- Servicer
- BWE
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