HUD-insured apartment loans in Mishawaka, IN
6 properties in Mishawaka with 900 units have FHA-insured mortgages, owing $56.7 million in all. The median note rate is 2.64%; the lowest is 2.35% at The Mill at Ironworks.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| The Mill at Ironworks | 232 | 2.35% | $31.3 million | 2056 |
| Williamsburg on the Lake of Mishawaka I | 150 | 2.35% | $2.3 million | 2048 |
| Reserve at Pin Oak Manor Apts | 82 | 2.39% | $4.8 million | 2057 |
| Pin Oak Manor | 154 | 2.89% | $6.2 million | 2055 |
| Regency Apartments | 132 | 2.89% | $10.3 million | 2057 |
| Williamsburg on the Lake Mishawaka II | 150 | 2.98% | $1.8 million | 2047 |
Most-active servicers here: Merchants Capital Corp. (5), Berkadia Commercial Mortgage L (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 Mishawaka?
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.