HUD-insured apartment loans in Monterey, CA
4 properties in Monterey with 426 units have FHA-insured mortgages, owing $30.6 million in all. The median note rate is 3.2%; the lowest is 2.35% at Surfside Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Surfside Apartments | 50 | 2.35% | $12.0 million | 2056 |
| Monterey Pines Apartments | 286 | 2.95% | $14.7 million | 2048 |
| El Estero Senior Apts | 26 | 3.45% | $980,246 | 2043 |
| Portola Vista | 64 | 3.75% | $2.9 million | 2047 |
Most-active servicers here: Pnc Bank, National Association (1), Lument Real Estate Capital, Ll (1), Merchants Capital Corp. (1).
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 Monterey?
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.