HUD-insured apartment loans in Covington, KY
7 properties in Covington with 559 units have FHA-insured mortgages, owing $34.4 million in all. The median note rate is 4.23%; the lowest is 2.75% at Hathaway Court.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Hathaway Court | 159 | 2.75% | $2.4 million | 2048 |
| Cambridge Square Apartments | 200 | 2.82% | $28.5 million | 2063 |
| Welcome Housing | 20 | 3.5% | $195,516 | 2042 |
| Lasallette Gardens Apartments | 76 | 4.23% | $1.3 million | 2053 |
| Covington Hope Village Apartments | 30 | 4.5% | $1.4 million | 2053 |
| St. Aloysius | 48 | 5.1% | $529,196 | 2038 |
| Academy Flats Senior Housing | 26 | 6.5% | $101,575 | 2048 |
Most-active servicers here: Lument Real Estate Capital, Ll (4), Kentucky Housing Corporation (1), 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 Covington?
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.