FHA-insured · 542(b) QPE risk-sharing
Hometowne on Bellfort
10888 Huntington Estates Dr, Houston, TX 77099 · 210 units
Hometowne on Bellfort carries a $10.0 million FHA-insured mortgage at a 6.25% note rate, endorsed by HUD on March 5, 2012 and maturing in November 2040. HUD's file put the amortized balance at $7,859,173 as of September 30, 2026, with 14 years 2 months left on the term. The loan is paired with low-income housing tax credits.
21% repaid
Would a refinance lower the payment?
This loan's 6.25% rate is above the 5.54% median on HUD apartment loans endorsed in the 12 months before September 30, 2026. At that median, on the same balance and remaining term, principal and interest would run about $67,000 a month instead of about $70,000: roughly $36,000 a year less, before mortgage insurance, closing costs and any prepayment premium in the note.
This is a risk-sharing loan, which HUD does not allow to use a 223(a)(7). The usual route is a new 223(f) loan, sized on the property's current income.
Own this property?
Send it to the commercial mortgage team at Janover Capital LLC. Say whether you are assuming, refinancing or adding a supplemental loan, and we will give you a preliminary read on what a HUD lender is likely to need. Any terms come from the lender.
Janover Capital LLC is not HUD, FHA or the lender on this loan, and is not affiliated with or endorsed by either. The loan figures on this page come from HUD's public file and are not an offer of credit.
Other HUD-insured loans in Houston
- Fairmont Museum District II 208 units · 2.2% · matures 2056
- The Life at Westpark 312 units · 2.21% · matures 2057
- Verdir at Hermann Park Apartments 224 units · 2.25% · matures 2056
- Longboat Key Apartments 272 units · 2.26% · matures 2056
- Fairmont Museum District I 236 units · 2.29% · matures 2056
- Estates at Spring Branch 275 units · 2.35% · matures 2056
- Executive House Apts 98 units · 2.4% · matures 2052
- Amherst Apartments 213 units · 2.45% · matures 2057
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Street address from HUD's Insured Multifamily Properties map layer. Rates and balances are as HUD reports them; if HUD's file is wrong, this page is too. How we use the data.