HUD-insured apartment loans in Birmingham, AL
24 properties in Birmingham with 3,547 units have FHA-insured mortgages, owing $289.1 million in all. The median note rate is 3.475%; the lowest is 2.18% at Arbors at Cahaba River.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Arbors at Cahaba River | 348 | 2.18% | $34.9 million | 2056 |
| The Phoenix Building | 74 | 2.24% | $5.1 million | 2056 |
| The Villas at Titusville Phase I | 100 | 2.27% | $3.7 million | 2056 |
| Magnolia Court | 240 | 2.59% | $4.3 million | 2052 |
| Monroe Ave Apts | 76 | 2.85% | $251,583 | 2036 |
| Park Place II | 198 | 2.92% | $3.5 million | 2053 |
| Don L West Teamster Manor | 30 | 2.95% | $1.0 million | 2043 |
| Metropolitan Gardens | 197 | 3.16% | $2.7 million | 2053 |
| Woodmere Creek Apartments | 300 | 3.29% | $17.6 million | 2051 |
| Episcopal Place Apartments | 100 | 3.34% | $4.5 million | 2055 |
| New Pilgrim Towers | 123 | 3.35% | $5.5 million | 2050 |
| Summit Ridge Apartments | 200 | 3.45% | $9.7 million | 2052 |
| Villa Maria | 64 | 3.5% | $2.6 million | 2055 |
| Princeton Towers I & II | 240 | 3.6% | $8.8 million | 2051 |
| Southside Station and Carriage Court | 69 | 3.8% | $3.8 million | 2043 |
| The Villas at Titusville II | 64 | 3.8% | $5.5 million | 2061 |
| Faush Metropolitan Manor | 50 | 4.25% | $1.5 million | 2045 |
| The Pizitz Building | 143 | 4.25% | $24.2 million | 2056 |
| East Lake House Apartments | 66 | 5.42% | $3.4 million | 2048 |
| Axel Row Apartments | 96 | 5.46% | $12.4 million | 2058 |
| Citizen Apartments | 144 | 5.5% | $15.2 million | 2061 |
| Forest Hills Village | 152 | 5.55% | $18.0 million | 2067 |
| Tapestry Cahaba | 275 | 5.75% | $61.8 million | 2068 |
| Old Rocky Ridge | 198 | 6.3% | $39.2 million | 2067 |
Most-active servicers here: Berkadia Commercial Mortgage L (8), Highland Commercial Mortgage L (7), Walker and Dunlop LLC (3).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Birmingham?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.