Reducing Multifamily Loan Exposures Through FHA-Insured Financing
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How AGM Can Ease the Pain for Commercial Bankers and CRE Borrowers
Are you feeling the pressure of a commercial real estate (CRE) portfolio weighing on your balance sheet? You're not alone. Rising interest rates and sluggish rent growth have created a perfect storm, driving up cap rates and squeezing cash flows. As a result, large CRE exposures and uncertain valuations have attracted scrutiny from regulators and shareholders alike.
We understand the delicate balance you're trying to strike. On one hand, you want to reduce your CRE exposure to navigate these uncertain times. On the other, you value the relationships you've built with your long-term customers and want to continue supporting their growth. It's a tough position to be in, especially when your borrowers feel the pinch of higher rates and slower rent growth, making it harder for their projects to pencil out.
That's where we come in.
FHA-Insured Financing: A Welcome Boost for Banks and Borrowers
At AGM Financial Services, our team specializes in helping banks like yours find solutions to manage your CRE portfolio while maintaining the relationships that matter most. We're here to be your partner, working alongside you to develop strategies that align with your goals and provide the support your borrowers need to keep their projects moving forward.
As a HUD-approved nonbank lender and GNMA seller/servicer, AGM can help you and your customers with FHA-insured financing for existing loans and new construction and permanent financing for pipeline projects.
For banks, this means payoffs at par, the return of capital, and a chance to share origination fees. For your customers, it means access to non-recourse debt on consistently favorable terms.
As a specialized multifamily lender, AGM can work with your established borrowers on deals that just aren’t a “fit” for the bank right now. We originate, underwrite, close, and service all of our own loans, and we are lending. We do not take deposits or offer any bank-related services, so you still “own” all of your client relationships.
As a leading FHA-insured lender, we can support your multifamily borrowers by providing construction/permanent loans on consistently favorable terms:
Lower Fixed Rates
Fully Nonrecourse
Up to 24 Months for Construction
40-Year Amortization and Term
No Loan-to-Value Test
Additionally, we can help your bank reduce your CRE exposure by refinancing existing CLs and mini-perms with:
Lower fixed rates
Up to 85% LTV and 1.176 DSC
35-Year Amortization and Term
Fully Nonrecourse
Better Outcomes for All
AGM actively provides solutions for banks across the country looking to manage their exposure to multifamily CRE loans. A referral to AGM for FHA-insured financing preserves client relationships and creates better outcomes for all.
Banks reduce CRE exposure and rebuild capital and share fees
Borrowers get lower rates, longer terms, and higher leverage
To discuss any multifamily loans on your books or multifamily loan requests on your desk, contact us today at 800-729-4266. Our team has funded over $10 billion in multifamily debt. We are ready to work with you – and your borrowers – to find solutions that work for you both.
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 $10 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. To learn more about AGM, call 800.729.4266 or visit agmfinancial.com.
