HUD-insured apartment loans in Grand Forks, ND
6 properties in Grand Forks with 594 units have FHA-insured mortgages, owing $30.9 million in all. The median note rate is 3.33%; the lowest is 2.65% at Aspen Lofts Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Aspen Lofts Apartments | 150 | 2.65% | $16.5 million | 2056 |
| Faith and Hope Homes | 24 | 2.96% | $529,234 | 2042 |
| Continental Homes Apartments | 64 | 3.21% | $448,239 | 2040 |
| Homestead Place | 50 | 3.45% | $534,000 | 2041 |
| Cherry Heights and Oak Manor | 124 | 4.5% | $2.2 million | 2047 |
| Grand Forks Portfolio | 182 | 4.85% | $10.7 million | 2063 |
Most-active servicers here: Greystone Servicing Company Ll (1), Pgim Real Estate Agency Financ (1), Berkadia Commercial Mortgage L (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 Grand Forks?
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.