FHA-insured · 542(c) HFA risk-sharing

Weinberg Manor West

3615 Fords Ln, Baltimore, MD 21215 · 109 units

Weinberg Manor West carries a $3.9 million FHA-insured mortgage at a 6.99% note rate, endorsed by HUD on December 18, 2008 and maturing in November 2039. HUD's file put the amortized balance at $2,658,702 as of September 30, 2026, with 13 years 2 months left on the term. The loan is financed with tax-exempt bonds and paired with low-income housing tax credits.

Note rate
6.99%
Balance, September 2026
$2,658,702
Monthly principal and interest
$25,788
Matures
November 2039
Original amount
$3,880,000
Original amount per unit
$35,596
Term
360 months (30 years)
First payment
December 1, 2009
Initial endorsement
December 18, 2008
Final endorsement
April 28, 2010
HUD program (as filed)
542(C) HFA RISK SHARING-RECENT COMP (YHN)
FHA project number
05298008
Mortgage holder
Department Housing Comm Dev
Servicer
Department Housing Comm Dev

Insured during construction: initial endorsement December 2008, final endorsement April 2010 once the work was done. HUD's file does not show whether rent or income restrictions apply.

Would a refinance lower the payment?

This loan's 6.99% 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 $24,000 a month instead of about $26,000: roughly $25,000 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

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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.