HUD-insured apartment loans in West Des Moines, IA

5 properties in West Des Moines with 805 units have FHA-insured mortgages, owing $47.3 million in all. The median note rate is 3.25%; the lowest is 1.97% at Mansions at Jordan Creek.

All 5 HUD-insured apartment loans in West Des Moines, lowest rate first
Property Units Rate Balance Matures
Mansions at Jordan Creek 140 1.97% $13.1 million 2055
The Fountains 204 3.04% $8.1 million 2053
Bennett Grand Woods Apartments 176 3.25% $5.6 million 2049
Elevate at Jordan Creek 180 3.3% $16.3 million 2059
Valley West 105 3.75% $4.3 million 2051

Most-active servicers here: Northmarq Finance LLC (2), Gershman Investment Corp (1), Merchants Capital Corp. (1).

Every HUD apartment loan in Iowa

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 West Des Moines?

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.

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