HUD-insured apartment loans in Ruston, LA
7 properties in Ruston with 633 units have FHA-insured mortgages, owing $49.8 million in all. The median note rate is 3.95%; the lowest is 2.41% at Legacy at Cinnamon Place.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Legacy at Cinnamon Place | 140 | 2.41% | $4.4 million | 2056 |
| Legacy at Peachtree | 92 | 2.52% | $3.5 million | 2056 |
| North Village Plaza Apartments Phase II | 96 | 3.62% | $12.4 million | 2061 |
| North Village Plaza Apartments | 120 | 3.95% | $13.4 million | 2058 |
| Pecan Villa Senior Housing | 61 | 4.25% | $2.2 million | 2056 |
| Sparta Place Apartments | 40 | 5.3% | $193,327 | 2033 |
| North Village Apartments Phase III | 84 | 6.17% | $13.8 million | 2067 |
Most-active servicers here: Highland Commercial Mortgage L (3), Harper Capital Partners, LLC (2), Pgim Real Estate Agency Financ (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 Ruston?
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.