HUD-insured apartment loans in Sterling Heights, MI
5 properties in Sterling Heights with 670 units have FHA-insured mortgages, owing $81.6 million in all. The median note rate is 3.96%; the lowest is 3.33% at Sterling Commons.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Sterling Commons | 72 | 3.33% | $3.4 million | 2055 |
| The Preserves Phase IV | 110 | 3.53% | $11.8 million | 2047 |
| The Preserves Phase V | 52 | 3.96% | $5.6 million | 2053 |
| The Preserves Phase I | 194 | 4.22% | $33.4 million | 2057 |
| The Preserves Phase II | 242 | 4.22% | $27.4 million | 2057 |
Most-active servicers here: Lument Real Estate Capital, Ll (4), Greystone Servicing Company Ll (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 Sterling Heights?
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.