HUD-insured apartment loans in Lorain, OH
7 properties in Lorain with 736 units have FHA-insured mortgages, owing $42.1 million in all. The median note rate is 3.75%; the lowest is 3% at Sacred Heart Manor.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Sacred Heart Manor | 51 | 3% | $1.4 million | 2042 |
| Marshall Plaza Apartments | 89 | 3.43% | $790,056 | 2047 |
| Booker T. Washington | 40 | 3.75% | $1.6 million | 2048 |
| Westgate Gardens Apartments | 72 | 3.75% | $3.8 million | 2057 |
| Pearl Village Apartments | 80 | 3.89% | $5.4 million | 2057 |
| Sacred Heart Manor | 51 | 4.95% | $1.2 million | 2064 |
| Western Horizon | 353 | 5.87% | $28.0 million | 2068 |
Most-active servicers here: Rose Community Capital, LLC (3), Greystone Servicing Company Ll (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 Lorain?
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.