HUD-insured apartment loans in Carmel, IN
6 properties in Carmel with 942 units have FHA-insured mortgages, owing $106.0 million in all. The median note rate is 2.39%; the lowest is 2.25% at Stonegate Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Stonegate Apartments | 200 | 2.25% | $7.3 million | 2047 |
| Carmel City Center I | 106 | 2.35% | $13.4 million | 2047 |
| The Railyard at Midtown Apartments | 208 | 2.35% | $37.3 million | 2056 |
| Carmel Knoll | 122 | 2.43% | $5.4 million | 2048 |
| Sophia Square | 215 | 3.3% | $35.0 million | 2054 |
| Old Town on the Moon | 91 | 3.37% | $7.6 million | 2046 |
Most-active servicers here: Merchants Capital Corp. (5), Gershman Investment 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 Carmel?
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.