HUD-insured apartment loans in Elyria, OH
8 properties in Elyria with 1,050 units have FHA-insured mortgages, owing $44.8 million in all. The median note rate is 3.24%; the lowest is 2.05% at Westway Gardens Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Westway Gardens Apartments | 300 | 2.05% | $11.1 million | 2052 |
| Midview Crossing Apartments | 138 | 2.6% | $2.7 million | 2048 |
| Redwood Elyria (hidden Acres) Phase 1 | 73 | 3% | $4.1 million | 2056 |
| Hidden Acres Phase II | 68 | 3.03% | $3.9 million | 2052 |
| Chadwick Place Apartments | 46 | 3.45% | $1.9 million | 2054 |
| Kensington Square Apartments | 191 | 3.45% | $4.0 million | 2060 |
| Arlington Square Apts | 60 | 3.62% | $1.3 million | 2059 |
| Wilkes Villa | 174 | 6.05% | $15.8 million | 2068 |
Most-active servicers here: Lument Real Estate Capital, Ll (3), Rose Community Capital, LLC (2), Merchants Capital Corp. (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 Elyria?
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.