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FHA-insured · 542(c) HFA risk-sharing

Ring House

1801 E Jefferson St, Rockville, MD 20850 · 248 units

Ring House carries a $18.4 million FHA-insured mortgage at a 6.1% note rate, endorsed by HUD on September 20, 2000 and maturing in October 2030. HUD's file put the amortized balance at $4,818,997 as of September 30, 2026, with 4 years 1 month left on the term.

Note rate
6.1%
Balance, September 2026
$4,818,997
Monthly principal and interest
$111,352
Matures
October 2030
Original amount
$18,375,000
Original amount per unit
$74,093
Term
360 months (30 years)
First payment
November 1, 2000
Initial endorsement
September 20, 2000
HUD program (as filed)
542(c) HFA Risk Sharing-Existing (YHE)
FHA project number
00098019
Mortgage holder
Hoc-Mortgage Finance Program
Servicer
Hoc-Mortgage Finance Program

Would a refinance lower the payment?

This loan's 6.1% 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 $110,000 a month instead of about $111,000: roughly $15,000 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.

The deal
You

Goes to the commercial mortgage desk at Janover Capital LLC, not to HUD. Prefer email? hello@hudmultifamily.loan

Other HUD-insured loans in Rockville

All 8 in Rockville

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HUD posts this file once a month. Leave your email and we'll write when FHA 00098019 leaves it (paid off, refinanced or terminated) and with the new figures when HUD changes its balance or maturity date.

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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.