Blog Articles
AGM & NAHB on Capitol Hill
Last week, the National Association of Home Builders held its Spring Legislative Conference and Leadership Meetings in Washington, DC. The Legislative Conference saw more than
For multifamily projects that need to get underway quickly and can get a conventional construction loan, refinancing the completed project with an FHA-insured takeout can be a great option.
An FHA-insured refinance for multifamily offers fixed rates, higher leverage, and longer amortization, all nonrecourse, with no limits on rents, tenants, or returns.
FHA-insured financing* is available at the lesser of:
*Up to $130 million
FHA-insured loans for refinancing are fully amortized with a 35-year term.
Interest rates on FHA-insured loans are fixed just before closing and remain fixed for the life of the loan. Loans are fully non-recourse, subject only to certain “carve-outs” such as fraud, theft of funds, or unapproved transfers of ownership.
Last week, the National Association of Home Builders held its Spring Legislative Conference and Leadership Meetings in Washington, DC. The Legislative Conference saw more than
AGM Financial Services, Inc. is proud to announce the successful closing of a $6,460,000 mortgage for the substantial rehabilitation of “The Harry and Jeanette Weinberg
We want to thank everyone who made this closing a success: Borrower: 4710 Park Heights Senior Limited Partnership Developer: NHP Foundation Co-Sponsors/developer: The Henson Development
20 South Charles Street
Suite 1000
Baltimore, MD 21201
Phone: 410.727.2111
Toll-Free: 800.729.4266
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