HUD-insured apartment loans in Decatur, IL

4 properties in Decatur with 628 units have FHA-insured mortgages, owing $43.8 million in all. The median note rate is 3.852%; the lowest is 2.43% at Spring Creek Towers.

All 4 HUD-insured apartment loans in Decatur, lowest rate first
Property Units Rate Balance Matures
Spring Creek Towers 137 2.43% $10.9 million 2057
Southern Hills Orlando Apartments 212 3.53% $20.1 million 2062
Oxford House Apartments 156 4.173% $8.3 million 2041
Belvidere Centre Plaza 123 4.23% $4.5 million 2042

Most-active servicers here: Lument Real Estate Capital, Ll (1), Federal National Mortgage Assn (1), Illinois Housing Development A (1).

Every HUD apartment loan in Illinois

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 Decatur?

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.

Send a loan