HUD-insured apartment loans in Muncie, IN
4 properties in Muncie with 364 units have FHA-insured mortgages, owing $5.0 million in all. The median note rate is 3.775%; the lowest is 3.47% at Gillbeke Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Gillbeke Apartments | 20 | 3.47% | $1.0 million | 2052 |
| Cambridge Square of Muncie | 124 | 3.75% | $2.1 million | 2049 |
| Carriage House of Muncie | 100 | 3.8% | $476,374 | 2033 |
| Elgin Manor | 120 | 4% | $1.5 million | 2041 |
Most-active servicers here: Merchants Capital Corp. (3), Lument Real Estate Capital, Ll (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 Muncie?
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.