HUD-insured apartment loans in Spartanburg, SC
10 properties in Spartanburg with 1,829 units have FHA-insured mortgages, owing $160.9 million in all. The median note rate is 3.745%; the lowest is 2.07% at Reserve at Park West Phase 2.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Reserve at Park West Phase 2 | 144 | 2.07% | $12.3 million | 2055 |
| The Reserve at Park West | 264 | 2.23% | $24.4 million | 2057 |
| Drayton Mills Lofts | 289 | 2.3% | $24.7 million | 2060 |
| Converse Mill Lofts | 173 | 3.38% | $29.5 million | 2063 |
| Liberty Street (fka City Apartments) | 208 | 3.42% | $32.9 million | 2062 |
| Spartanburg Scattered Site | 338 | 4.07% | $9.3 million | 2057 |
| Kensington Manor | 124 | 4.4% | $3.5 million | 2049 |
| Sha Southside | 186 | 4.61% | $8.0 million | 2058 |
| Harry C. White Manor | 56 | 5.51% | $7.5 million | 2060 |
| Northside Townhomes | 47 | 5.95% | $8.6 million | 2059 |
Most-active servicers here: Wells Fargo Bank NA (2), Greystone Servicing Company Ll (1), Dwight Capital LLC (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 Spartanburg?
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.