HUD-insured apartment loans in Hobbs, NM
6 properties in Hobbs with 641 units have FHA-insured mortgages, owing $47.3 million in all. The median note rate is 3.135%; the lowest is 2.62% at Oak Manor Vilas.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Oak Manor Vilas | 80 | 2.62% | $11.4 million | 2055 |
| The Cedars | 63 | 2.88% | $2.3 million | 2043 |
| Windscape Apartments | 202 | 3% | $14.0 million | 2045 |
| Sorrento Apartments | 112 | 3.27% | $9.8 million | 2054 |
| Windscape II | 112 | 3.73% | $8.5 million | 2052 |
| New Leaf Community | 72 | 5% | $1.3 million | 2056 |
Most-active servicers here: Gershman Investment Corp (2), New Mexico Mtg Fin Authority (1), 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 Hobbs?
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.