HUD-insured apartment loans in Sherman, TX
6 properties in Sherman with 1,354 units have FHA-insured mortgages, owing $164.6 million in all. The median note rate is 3.42%; the lowest is 2.42% at Steeple Chase Farms.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Steeple Chase Farms | 156 | 2.42% | $7.2 million | 2056 |
| Northside on Travis | 200 | 2.5% | $10.6 million | 2053 |
| Creed Canyon Apartments | 176 | 3.29% | $13.2 million | 2060 |
| Aspire at Sherman | 234 | 3.55% | $38.7 million | 2064 |
| 82 West at Heritage Ranch | 312 | 5.75% | $53.1 million | 2068 |
| Sherman Apartments | 276 | 5.97% | $41.8 million | 2066 |
Most-active servicers here: Lument Real Estate Capital, Ll (4), Dwight Capital LLC (1), Centennial Mortgage Inc (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 Sherman?
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.