AGM Financial Delivers Valuable FHA Financing Guidance to UMD Graduate Students
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AGM Senior Vice President Steve Rudow recently met with graduate students from the University of Maryland’s Colvin Institute of Real Estate Development (known as “UMD RDEV”) program at the UM School of Architecture, to provide a primer on the firm’s area of expertise, FHA-insured multifamily loans. The group was comprised of four young professionals who were interested in exploring FHA financing for use in preparing their capstone projects. They represented a variety of mixed-use redevelopment projects in the Baltimore area. The conversation included an overview of the various FHA loan programs, underwriting criteria, interest rates, and commercial space limits.
“It was interesting to hear about the four diverse capstone projects and I was pleased to help these students learn how to use the FHA MAP loan programs with their developments,” Rudow said. “Our discussion reflected on the nuances of these programs for prospective borrowers and answered their questions about a wide variety of issues.”
As interest rates rise and the economy remains unsettled, developers are returning to the certainty of FHA underwriting. It remains a constant: high leverage, fixed rates, and non-recourse, the same in every market in the country, now and over time. It’s a smart solution that offers predictable, straightforward financing even amid an uncertain economic landscape. Combined with AGM’s steadfastness and transparency, clients enjoy the peace of mind that comes with unwavering stability.
To learn more about AGM’s community involvement or our attractive FHA-insured multifamily loans, please contact our helpful team.
Steve Rudow
About Steve Rudow:
Steve Rudow joined AGM in 2001 and is part of the loan origination group. During the 2015-16 academic year, he was an Adjunct Professor for the University of Maryland’s Colvin Institute of Real Estate Development, co-teaching both the Market Analysis and Valuation courses. Steve is also an Instructor for the Mortgage Bankers Association’s FHA Multifamily Underwriting Training Program, teaching the Valuation Analysis & Investment Math course in successive years since 2013.
About AGM Financial
Founded in 1990, AGM is a leading FHA lender and GNMA seller/servicer. From new construction and substantial rehab to acquisition or refinance — for both market-rate and affordable projects — AGM gets the deal done. Family-owned with over 30 years of experience, the firm has closed over $9 billion in FHA-insured multifamily project loans nationwide. We underwrite, fund, and service all of our loans. Developers and owners can count on AGM to be accessible, transparent, consistent, and ready to lend. From new construction to substantial rehabilitation to acquisition and refinance — for both market-rate and affordable projects — we can get the deal done. To learn more about AGM, call 800.729.4266 or visit agmfinancial.com.
