HUD-insured apartment loans in Springfield, IL
4 properties in Springfield with 717 units have FHA-insured mortgages, owing $33.2 million in all. The median note rate is 4.13%; the lowest is 2.38% at Lake Pointe Apts Phases I-Iii.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Lake Pointe Apts Phases I-Iii | 300 | 2.38% | $16.1 million | 2056 |
| Sangamon Towers Apartments | 212 | 2.49% | $9.5 million | 2056 |
| Poplar Place Townhomes | 100 | 5.77% | $3.4 million | 2065 |
| Park Towers | 105 | 5.92% | $4.2 million | 2059 |
Most-active servicers here: Pgim Real Estate Agency Financ (1), Merchants Capital Corp. (1), Illinois Housing Development A (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 Springfield?
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.