HUD-insured apartment loans in Cedar Rapids, IA
10 properties in Cedar Rapids with 648 units have FHA-insured mortgages, owing $50.6 million in all. The median note rate is 3.75%; the lowest is 2.77% at Village Coop of Cedar Rapids.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Village Coop of Cedar Rapids | 65 | 2.77% | $8.3 million | 2054 |
| The Meadows | 66 | 2.9% | $638,198 | 2042 |
| Riverview Place Apartments | 118 | 3.25% | $8.9 million | 2053 |
| Westover Manor | 40 | 3.35% | $1.9 million | 2052 |
| Oak Park Village | 46 | 3.6% | $3.7 million | 2057 |
| Cedar Village Senior Residences | 48 | 3.9% | $1.3 million | 2048 |
| Buffalo Ridge Townhomes | 100 | 5.09% | $14.1 million | 2061 |
| Prairie Garden | 48 | 5.125% | $8.4 million | 2057 |
| Kingston Landing | 26 | 5.49% | $3.1 million | 2058 |
| Oak Hill Manor Apartments | 91 | 6.35% | $133,751 | 2036 |
Most-active servicers here: Gershman Investment Corp (3), Lument Real Estate Capital, Ll (2), Wells Fargo Bank NA (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 Cedar Rapids?
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.