HUD-insured apartment loans in Novi, MI
6 properties in Novi with 1,230 units have FHA-insured mortgages, owing $144.0 million in all. The median note rate is 2.925%; the lowest is 2.39% at Trillium Village of Novi.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Trillium Village of Novi | 35 | 2.39% | $5.1 million | 2056 |
| Central Park Estates | 254 | 2.87% | $31.3 million | 2056 |
| Saddle Creek Apartments | 400 | 2.9% | $50.1 million | 2054 |
| Mainstreet Village Apartments | 241 | 2.95% | $17.4 million | 2050 |
| Encore at Manchester | 172 | 3.04% | $31.1 million | 2061 |
| Wexford Townhomes | 128 | 3.06% | $8.9 million | 2047 |
Most-active servicers here: Greystone Servicing Company Ll (2), Dwight Capital LLC (1), 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 Novi?
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.