HUD-insured apartment loans in Northfield, MN
5 properties in Northfield with 375 units have FHA-insured mortgages, owing $15.7 million in all. The median note rate is 3.87%; the lowest is 2.99% at Kildahl Park Cooperative.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Kildahl Park Cooperative | 51 | 2.99% | $5.9 million | 2053 |
| Three Links Aparmtents | 84 | 3.1% | $3.1 million | 2051 |
| Summerfield Apartments | 112 | 3.87% | $3.9 million | 2052 |
| Spring Creek II | 32 | 4.5% | $2.5 million | 2059 |
| Greenvale Place Apartments | 96 | 4.75% | $421,500 | 2041 |
Most-active servicers here: Merchants Capital Corp. (2), Wells Fargo Bank NA (1), Minnesota Housing Finance Agen (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 Northfield?
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.